Advanced Micro Devices (AMD) shares surged 7% on Wednesday after the chipmaker unveiled an ambitious plan to achieve $100 billion in annual data-center revenue. CEO Lisa Su outlined the company’s strategy to expand its presence in the rapidly growing artificial intelligence (AI) market, currently dominated by Nvidia. During AMD’s first analyst day in three years, […]
data center
OpenAI, Sur Energy Plan $25 Billion Data Center Project in Argentina
BUENOS AIRES– OpenAI and Sur Energy have signed a letter of intent for a massive $25 billion data center project in Argentina, the government announced Friday — a move that could transform the country into a regional hub for artificial intelligence infrastructure. According to a government statement, the planned facility would have a capacity of […]