Tuesday, 02 January 2024 12:17 GMT

AMD Invests $10 Bn In Taiwan Chip Industry


(MENAFN- The Peninsula) AFP

Taipei: AMD, a US maker of artificial intelligence processors announced Thursday an investment of more than $10 billion into Taiwan's chip industry.

The company said investments would be made "across the Taiwan ecosystem to expand strategic partnerships and scale advanced packaging capabilities for AI infrastructure".

AMD -- whose CEO Lisa Su is due to speak on Friday in Taipei -- said in a statement that it was working with firms in Taiwan and elsewhere on advanced computing components that are essential in AI data centres.

The company "is advancing leading-edge silicon, packaging and manufacturing technologies that enable higher performance, greater efficiency and faster deployment of AI systems", it said.

Among the deals announced Thursday was a hardware development partnership with Taiwanese chip packaging and testing provider ASE and its group partner Siliconware Precision Industries (SPIL).

Governments and tech giants worldwide are pouring hundreds of billions of dollars into building new data centres that can power AI tools such as chatbots, image generators and agents that can execute tasks.

Taiwan is a powerhouse in the manufacturing of semiconductors used to train and power AI systems, as the home of chip production giants TSMC and Foxconn.

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