Amazon Invests $84.4M in AMD to Boost AI Chip Capabilities 🚀
Amazon acquires an $84.4 million stake in AMD as part of its strategic push into AI chip technology, navigating new export controls and expanding its tech portfolio.
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Amazon has purchased $84.4 million worth of shares in Advanced Micro Devices, according to a 13F regulatory filing with the Securities and Exchange Commission on Tuesday. Amazon's investment follows AMD’s strong first-quarter earnings, driven by 57% growth in its data center segment amid rising momentum in AI and data center chip markets. CEO Lisa Su said in the company's earnings call that AMD has already accounted for U.S. export restrictions and upcoming AI rules in its $500 billion AI market forecast. The Donald Trump administration is reportedly considering revisions to AI export controls, potentially shifting toward a global licensing system based on bilateral agreements.
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May 7, 2025
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