Advanced micro-systems (NASDAQ: AMD) said on Thursday that it is partnering with Google (NASDAQ:GOOG) (NASDAQ: GOOGL) Cloud to facilitate chip design workloads and improve AMD’s data centers.
As part of the multi-year agreement, AMD (AMD) will use Google (GOOGL) (GOOG) The global scale of the cloud, including its storage, networking and machine learning capabilities to help enhance its hybrid and multi-cloud strategy for its chip design needs.
“In today’s semiconductor environment, the speed, scale and security of the cloud unlock much-needed flexibility,” said Sachin Gupta, GM and VP, Infrastructure, at Google Cloud in a statement. “We are excited to provide the infrastructure to support AMD’s compute performance needs and equip the company with our AI solutions to continue designing innovative chips.”
“We are excited to work with Google Cloud to leverage their wealth of cloud features and the capabilities of the 3rd Generation EPYC,” said Mydung Pham, Corporate Vice President, Silicon Design Engineering, AMD.
Advanced Micro Devices (AMD) Shares fell 0.5% to $95.75 in pre-market trading as Alphabet, Google (GOOG) (GOOGL) parent company, saw its shares down just under 1%.
Earlier this week, investment firm Piper Sandler updated Advanced Micro Devices (AMD), noting that some of its fears about the company have not “gone to plan”.