(May 21): Advanced Micro Devices Inc, the leading challenger to Nvidia Corp in AI computing chips, pledged to invest more than US$10 billion ($12.8 billion) in Taiwan to expand partnerships and add packaging capacity.
The company is working with partners including ASE Technology Holding Co, Powertech Technology Inc, Sanmina Corp and Inventec Corp to bolster its capabilities in the region, it said Thursday in a statement.
AMD is among chipmakers increasing their presence in Taiwan, a crucial technology and manufacturing hub for the global semiconductor industry, seeking to boost capacity as artificial intelligence demand rises. Though Nvidia remains the dominant provider of AI processors, data centre customers are increasingly seeking alternatives — a trend that has helped AMD.
“As AI adoption accelerates, our global customers are rapidly scaling AI infrastructure to meet growing compute demand,” chief executive officer Lisa Su said in the statement. She is currently visiting Taiwan and is set to join a fireside chat hosted by a local media outlet on Friday.
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