AMD Inks $5B Anthropic Deal for 2 GW of Next-Gen AI Chips
AMD has more than doubled off its 52-week low of $149.22.
Summary
AMD and Anthropic have announced a strategic partnership under which Anthropic will purchase up to 2 gigawatts of AMD's latest Instinct MI450 chips starting in the first half of 2027, a commitment worth tens of billions of dollars. AMD plans to invest up to $5 billion in Anthropic and is in talks to provide a financial backstop for Anthropic's future data-center leases. This deal follows strong AI-driven demand signals for AMD, including a Meta partnership for up to 6 GW of GPUs and projections of over 70% Q2 CPU revenue growth. The partnership locks in a major hyperscale customer for AMD's next-gen AI silicon, directly challenging Nvidia's dominance in the AI training and inference market. The scale of the chip commitment and the strategic investment deepen AMD's AI ecosystem ties and provide multi-year revenue visibility.
At the time of this announcement, AMD was trading at $525.79 on NASDAQ in the Technology sector, with a market capitalization of approximately $887.7B. The 52-week trading range was $149.22 to $584.73. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.