Advanced Micro Devices Inc. (NASDAQ:AMD) is one of the 10 Best Data Center Stocks To Buy For the Long Term. The stock registered 218.01% growth in the past year and a more modest 24.52% year-to-date increase. On April 16, AMD’s stock price posted a 7.80 percent spike as the company announced plans to deepen collaboration with the French government in support of France’s National Strategy for AI.
The multi-year collaboration aims to strengthen France’s AI ecosystem through infrastructure, research, and education. To help expand AI expertise and enable diversity and resilience across the French AI ecosystem, AMD plans to provide researchers, developers, and startups with hardware, software, and training through its AMD University Program, AMD AI Developer Program, and AMD AI Academy.
To support the adoption of AI by consumers and businesses, AMD recently launched an expanded Ryzen AI portfolio with the launch of the AMD Ryzen AI 400 Series and Ryzen AI PRO 400 Series desktop processors.
AMD said the new processors deliver powerful on-device AI acceleration and next-generation performance, which enable users to run AI applications and LLMs locally as well as tackle compute-intensive applications, including those for design and engineering, with ease.
In February, AMD said it forged a 6-gigawatt agreement with Meta to power the latter’s next generation of AI infrastructure across multiple generations of AMD Instinct GPUs.
The agreement expands on the companies’ existing strategic partnership and aligns roadmaps across silicon, systems, and software to deliver AI platforms purpose-built for Meta’s workloads.
AMD said the first deployment will use a custom AMD Instinct GPU based on the MI450 architecture to deliver AI platforms that are optimized for Meta’s workloads at gigawatt-scale, adding that shipments supporting the first gigawatt deployment are scheduled to begin in the second half of 2026.
AMD chair and CEO Dr. Lisa Su said the company is proud to expand its strategic partnership with Meta as they push the boundaries of AI at unprecedented scale. In a statement, she said:
“This multi-year, multi-generation collaboration across Instinct GPUs, EPYC CPUs and rack-scale AI systems aligns our roadmaps to deliver high-performance, energy-efficient infrastructure optimized for Meta’s workloads, accelerating one of the industry’s largest AI deployments and placing AMD at the center of the global AI buildout.”
In the same month, AMD announced a multi-year strategic partnership with Nutanix to develop an open, full-stack AI infrastructure platform designed to power agentic AI applications everywhere.
As part of the agreement, AMD said it will make a strategic investment of $150 million in Nutanix common stock at a purchase price of $36.26 per share, and fund up to $100 million for Nutanix to support joint engineering initiatives and go-to-market collaboration to accelerate the adoption of AMD and the Nutanix-powered agentic AI platform, everywhere.
Advanced Micro Devices Inc. (NASDAQ:AMD) is a leading semiconductor company specializing in high-performance computing and graphics solutions. Its broad product portfolio includes microprocessors, graphics processors, and system-on-chip (SoC) solutions designed for data centers, gaming, and embedded systems.
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