AMD and DigitalOcean announced a partnership to expand their cloud GPU offerings and increase their footprint in the cloud computing market.

The entities involved

• AMD →

  American multinational semiconductor company

  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34
  • Hyperscalers are competing for AI market share, driving high demand for semiconductors and boosting corporate profits.Mon 16:49
• DigitalOcean →

  American cloud infrastructure provider

  • DigitalOcean and Predictive Oncology are being compared on financial performance and risk profiles against the S&P 500.Mon 03:06

Related events

• AMD and Nvidia are competing in the high-performance computing market, with operations constrained by state capacity limits in New York.Jun 30
• AMD is expanding supply to anchor customers as AI demand drives a shift toward server CPUs and GPUs.Sep 8
• AMD is engaged in multiple business arrangements, including deploying GPUs for Anthropic and maintaining a separate arrangement with OpenAI. Anthropic's IPO timeline is also under media scrutiny.Sep 6
• GPU demand is resilient despite CPU market contraction, with AMD, Nvidia, and Intel estimated to be selling discrete GPUs.Sep 4
• OpenAI announces massive commitments to various partners, including 10 GW of Nvidia systems, a $300B cloud capacity goal, and new deals with AMD and Broadcom.Jun 26