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
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
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Business & Economy

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

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.

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

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