After reaching a significant multi-year supply agreement with Meta, AMD's stock price rose over 10% in pre-market trading, reaching $216.81. Under the agreement, Meta will use up to 6GW of AMD Instinct GPUs to support its AI infrastructure and purchase EPYC CPUs, including customizable versions. AMD CEO Dr. Su Zifeng stated that this collaboration will align both parties' roadmaps to optimize Meta's workload infrastructure and accelerate large-scale AI deployment. AMD CFO Hu Jing expects this partnership to drive significant revenue growth for the company over the coming years and boost non-GAAP earnings per share.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)