• The US Department of Energy has announced a $1 billion partnership with Advanced Micro Devices (AMD) to build two supercomputers aimed at advancing scientific research in areas like nuclear power, cancer treatments, and national security.
• These supercomputers will be powered by AMD's MI355X artificial intelligence chips, CPUs, and networking chips, with the goal of accelerating progress in fusion energy research and other critical scientific fields.
• The announcement led to a slight increase in AMD's stock, which has seen significant gains recently, and the company is set to release its Q3 2025 earnings report soon. Show Less
