AMD

Jul 31, 2026 infrastructurepolicy

Europe opens its call for seven AI gigafactories worth 30 billion euro

On July 30, 2026, the European Commission officially opened the call for up to seven AI gigafactories, combining advanced chips, cloud and data centers to train next-generation AI. Roughly 10 billion euro of public funding is designed to unlock about 20 billion euro in private investment; bids close November 12, winners are expected in early 2027, and sites should be operational around mid-2028. 76 consortia across 10 countries have signaled preliminary interest.

Jul 28, 2026 chipsinfrastructure

AMD and Cerebras split AI inference in two with a disaggregated stack

On July 27, 2026, AMD and Cerebras announced a partnership pairing AMD's Helios rack-scale systems with the Cerebras Wafer-Scale Engine in one disaggregated inference stack: Helios handles prompt processing and long context, Cerebras takes over memory-bandwidth-heavy token generation. The combo promises up to 5x more energy efficiency, and AMD claims Helios delivers up to 30% more inference tokens per dollar than Nvidia's Vera Rubin NVL72 rack. Availability comes through Cerebras Cloud in the second half of 2026.

Jul 25, 2026 chipsmoney

Chinese GPU maker MetaX files for Hong Kong IPO six months after 700 percent Shanghai debut

Shanghai-based GPU maker MetaX, founded by former AMD engineers, has confidentially filed for a Hong Kong listing targeting an IPO by the end of 2026, per SCMP. The move comes about six months after its December 2025 Star Market debut, when the stock surged nearly 700 percent on day one after raising 4.2 billion yuan (about $596 million). The plan is H shares of up to 5 percent of enlarged capital, funding next-gen GPU development as Beijing pushes Chinese AI firms off Nvidia silicon.

Jul 24, 2026 chipsmoney

Intel posts its strongest revenue growth in 15 years as AI server demand arrives

Intel's Q2 2026 results, reported July 23, showed revenue of $16.1 billion, up 25 percent year over year against $14.4 billion expected, with adjusted EPS of $0.42 doubling the $0.21 estimate. The Data Center and AI segment surged 59 percent on AI server demand, and the stock jumped about 13 percent after hours. CEO Lip-Bu Tan called it the company's strongest quarterly revenue growth in more than fifteen years.

Jul 23, 2026 chipsmoney

AMD to invest up to $5 billion in Anthropic and supply 2 gigawatts of Instinct GPUs

At Advancing AI 2026, AMD announced it will invest up to $5 billion in Anthropic, its first ever investment in an AI company, phased in as deployment milestones are hit. Anthropic will deploy up to 2 gigawatts of AMD Instinct MI450 Series GPUs in Helios rack-scale systems, with the first gigawatt online in the first half of 2027, and Claude will help optimize AMD workloads and accelerate ROCm development.

Jul 22, 2026 chips

AMD's Advancing AI 2026 brings Zen 6 EPYC Venice launch and Azure rack deal

AMD's flagship Advancing AI 2026 event runs July 22-23 in San Francisco with Lisa Su keynoting, confirming the commercial launch of EPYC Venice server processors on the Zen 6 architecture plus an Instinct MI455X and MI500 roadmap update. Microsoft Azure publicly committed to deploying AMD's Helios racks, 72 MI455X GPUs per rack, for AI inference, with new VM families arriving in the second half of 2026. Analysts expect a major new customer announcement on stage, with Anthropic flagged as the most likely name.