AMD and HCLTech team up to boost development of AI, digital, and cloud solutions
Companies will jointly invest in innovation labs and training programs
Companies will jointly invest in innovation labs and training programs
Company has declined to disclose the terms of either deal
Company says it will collaborate with Apple, AMD, and Qualcomm, amongst others
Terms of the deal were not disclosed
Also has stakes in Astera and Marvell
Deal will see AMD will retain ZT Systems' AI systems design businesses
Round co-led by Magnetar and AMD Ventures
Along with similar AMD deal
Data center sales saw 57 percent year-on-year growth during the quarter
Nvidia, AMD, Qualcomm, and Broadcom have all been approached, sources claim
Comes as AI lab Mistral announces its first dedicated French cluster
Company posted data center revenue of $3.86 billion in Q4 2024
Company says it will align resources with growth opportunities
Segment revenue for the quarter was $3.5bn
Following in Apple’s footsteps
But plans to spin off the manufacturing business later on
Will leave company on August 30
Semiconductor equipment manufacturers could be targeted by new restrictions
Company must cooperate with local chip companies and universities
Company posted quarterly revenue of $5.47bn
List of approved technologies contains only Chinese-made solutions
The company missed revenue expectations, posting a 14 percent decline in last quarter
Business unit posted sales of $2.28bn in the last three months
Figures show China is shifting focus towards domestic chip production as import bans ramp up