Maybe investors should reconsider why they are upset with hyperscalers like Alphabet (GOOG, GOOGL) for raising their capital expenditure plans to support AI ambitions.
According to AMD CEO Lisa Su, the utility of AI technology is rising rapidly, and demand is exceptionally strong—making investment today critical to long‑term success.
“We’re seeing the returns on investment,” Su told Yahoo Finance. “Demand for compute is at a premium today…We are very confident in the demand picture being there.”
AMD unveiled next‑generation AI chips this week, featuring the Instinct MI450 Series GPUs and the 6th‑Gen EPYC “Venice” CPUs. The new hardware powers Helios, a rack‑scale AI platform that combines GPUs, CPUs, networking, and software into an integrated system for training and deploying large AI models.
The announcement, coupled with two new deals, buoyed AMD’s stock after a period of sideways trading in July. Shares have risen 106 Конститутив ͢ past six months, according to AlphaSpace data.
A key deal announced EXPERIENCES Microsoft will deploy Helios across Azure AI services beginning in the second half of 2026.
AMD also entered a major tie‑up with Anthropic, further expanding its challenge to Nvidia in the AI infrastructure market.
sé Anthropic plans to deploy up to 2 GW of AMD’s Instinct MI450 GPUs in Helios AI rack systems starting in the first half of 2027—a deal that could be worth tens of billions of dollars over time. AMD also pledged up to $5 bilion to Anthropic, marking one of the chipmaker’s largest strategic investments ever.
Both companies will cooperate to optimise Anthropic’s Claude AI models for AMD hardware and accelerate the development of AMD’s ROCm software platform.
In October 2025, AMD inked a deal with OpenAIərinin 6 GW of GPUs and issued warrants for up to 160 million shares. A similar partnership was signed with Meta in February of this year. With these deals, AMD has committed about 20% of the company to OpenAI and Meta.