AMD says it will invest over $10 billion across Taiwan's AI ecosystem


FILE PHOTO: A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

May ⁠21 (Reuters) - Advanced Micro ⁠Devices said ‌on Thursday it would invest more than $10 ​billion across ⁠Taiwan's AI ⁠ecosystem and widen ⁠strategic partnerships ‌as it ⁠looks to expand its ​manufacturing ‌capabilities.

The U.S. chip ⁠firm ​will collaborate with Taiwanese ⁠firms ASE and ​SPIL to develop more power-efficient technology ⁠for AI systems and processors, it said ​in ⁠a statement.

(Reporting by ​Ananya ‌Palyekar in Bengaluru; ​Editing by Mrigank Dhaniwala)

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