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Advanced Micro Devices Inc (NASDAQ:AMD) is expanding its AI footprint through a multi-year collaboration with France.
AMD signed a letter of intent with France to support the national AI strategy and innovation.
KEY POINTS
- AMD will provide hardware, software, and training to French researchers, startups, and developers.
- The company will support the Alice Recoque exascale supercomputer and deepen collaborations with French organizations.
- Bernstein expects AMD EPYC sales to grow about 50% year-over-year in 2026.
- Bernstein raised AMD's 2027 revenue forecast to $76.7 billion, citing underappreciated Meta-related upside.
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