AMD and CEA will collaborate on advanced AI computing technologies, emphasizing energy efficiency and future system architectures.
Quiver AI Summary
AMD has signed a Letter of Intent with France’s Commissariat à l’énergie atomique et aux énergies alternatives (CEA) to collaborate on advanced technologies and architectures for AI computing. This partnership aims to develop energy-efficient systems to support intensive AI workloads across various fields, including energy and medicine. As part of this collaboration, AMD and CEA will organize a symposium in 2025 to engage European stakeholders and global tech providers in discussions about the future of AI compute technologies. Both organizations emphasize the importance of international cooperation in advancing AI innovation and addressing the demands of future AI workloads.
Potential Positives
- AMD has signed a Letter of Intent with CEA to collaborate on advanced AI computing technologies, marking a significant partnership that enhances its position in the AI industry.
- The collaboration focuses on energy-efficient systems, addressing critical needs for compute-intensive AI workloads, which could lead to innovative breakthroughs in various sectors such as energy and medicine.
- AMD and CEA are planning a symposium in 2025, which will facilitate international engagement and positioning AMD as a leader in shaping future AI computing technologies.
- This partnership underscores AMD's commitment to international collaboration, enhancing its reputation and influence in global AI innovation efforts, particularly between the U.S. and Europe.
Potential Negatives
- The announcement of the collaboration could indicate that AMD recognizes a significant gap in its current AI computing capabilities, prompting the need for external partnership rather than relying solely on internal development.
- The event seems to focus heavily on international collaboration, which may raise concerns about AMD's competitiveness in the AI field domestically if it relies on partnerships with foreign institutions.
- The emphasis on energy-efficient systems may suggest that AMD faces ongoing challenges with energy consumption in its current product lines, highlighting potential shortcomings that could affect market perception.
FAQ
What is the purpose of the collaboration between AMD and CEA?
The collaboration aims to advance technologies and architectures for energy-efficient AI computing systems.
When is the planned symposium on AI compute?
The symposium is scheduled for 2025 and will involve European stakeholders and global technology providers.
How will the AMD and CEA partnership benefit AI research?
This partnership intends to enhance system architectures to meet the demands of future AI workloads across various industries.
What industries will benefit from the AMD-CEA collaboration?
The collaboration will support AI workloads in fields such as energy and medicine, among others.
What does this collaboration signify for international cooperation?
This effort highlights AMD's commitment to global collaboration in high-performance computing and AI innovation.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AMD Congressional Stock Trading
Members of Congress have traded $AMD stock 8 times in the past 6 months. Of those trades, 7 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $AMD stock by members of Congress over the last 6 months:
- REPRESENTATIVE MARJORIE TAYLOR GREENE has traded it 7 times. They made 7 purchases worth up to $105,000 on 01/21, 01/08, 11/25, 11/01 and 0 sales.
- REPRESENTATIVE JOHN JAMES sold up to $15,000 on 09/04.
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$AMD Insider Trading Activity
$AMD insiders have traded $AMD stock on the open market 26 times in the past 6 months. Of those trades, 0 have been purchases and 26 have been sales.
Here’s a breakdown of recent trading of $AMD stock by insiders over the last 6 months:
- LISA T SU (Chair, President & CEO) has made 0 purchases and 25 sales selling 316,496 shares for an estimated $46,595,010.
- FORREST EUGENE NORROD (EVP & GM DESG) sold 40,540 shares for an estimated $5,743,301
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$AMD Hedge Fund Activity
We have seen 1,186 institutional investors add shares of $AMD stock to their portfolio, and 1,273 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO removed 18,223,966 shares (-45.4%) from their portfolio in Q3 2024, for an estimated $2,990,188,341
- PRICE T ROWE ASSOCIATES INC /MD/ added 15,190,985 shares (+75.5%) to their portfolio in Q3 2024, for an estimated $2,492,536,818
- FMR LLC removed 5,911,340 shares (-18.1%) from their portfolio in Q3 2024, for an estimated $969,932,667
- CAPITAL WORLD INVESTORS removed 4,118,622 shares (-97.5%) from their portfolio in Q3 2024, for an estimated $675,783,497
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 4,103,206 shares (+196.2%) to their portfolio in Q3 2024, for an estimated $673,254,040
- WELLINGTON MANAGEMENT GROUP LLP removed 3,384,281 shares (-40.9%) from their portfolio in Q3 2024, for an estimated $555,292,826
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Full Release
SANTA CLARA, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) --
AMD
(NASDAQ: AMD) today announced the signing of a Letter of Intent (LOI) with the Commissariat à l'énergie atomique et aux énergies alternatives (CEA) of France to collaborate on the advanced technologies, component and system architectures that will shape the future of AI computing. The collaboration will leverage the strengths of both organizations to push the boundaries on energy-efficient systems needed to support the world’s most compute-intensive AI workloads in fields from energy to medicine.
Through this initiative, AMD and CEA will engage in a structured collaboration, focused on technological advancements on next generation AI compute infrastructure. AMD and CEA also are planning a symposium on the future of AI compute in 2025 that will convene European stakeholders and global technology providers, startups, supercomputing centers, universities and policy makers to accelerate collaboration around state-of-the-art and emerging AI computing technologies.
“AI computing continues to drive innovation across industries, and international collaboration is critical to pushing the boundaries of what’s possible," said Ralph Wittig, Corporate Fellow and head of research, AMD. "Through this collaboration with CEA and leading French engineers, we aim to bring cutting-edge AI research closer to real-world applications by advancing system architectures that meet the demands of tomorrow’s AI workloads, while growing the joint research and development opportunities between the U.S. and France.”
“CEA is committed to driving innovation in AI computing by advancing next-generation technologies opening the road for disruptive architectures that balance performance and energy efficiency. Our collaboration with AMD represents a significant step toward fostering international cooperation in high-performance computing, bringing together world-class expertise to address the growing demands of AI workloads," said Julie Galland, Director of the Technological Research division at CEA, "By combining CEA’s research leadership with AMD’s cutting-edge technology, we aim to develop breakthrough solutions that will shape the future of AI computing in Europe and beyond."
This effort underscores the AMD commitment to fostering international collaborations that accelerate AI innovation, making AI more inclusive and sustainable, and strengthening cooperation, in particular, between the United States and European research institutions.
Supporting Resources
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AMD High Performance Computing Solutions
About AMD
For more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD)
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