AMD specific news
Deals take centre stage in Trump’s Gulf visit: $80 bn tech push, $20 bn AI data centres & more (Proactive)edit
U.S. chip firm AMD and Humain announced plans to build AI infrastructure that will see them invest up to $10 billion to deploy 500 megawatts of AI computing capacity over the next five years.
Publication: The Economic Times
Nvidia, AMD secure Al deals as Trump tours Gulf nations (Proactive)edit
Among the biggest deals, Nvidia said it will sell hundreds of thou-sands of Al chips in Saudi Arabia, with a first tranche of 18,000 of its newest “Blackwell” chips going to Humain, an Al startup just launched by Saudi Arabia’s sovereign wealth fund. Chip designer Advanced Micro Devices (AMD) also announced a deal with Humain, saying it has formed a $10 billion collaboration.
Publication: The Financial Express
EU and India’s Strategic Partnership Progresses (Proactive)edit
The EU-India Trade and Technology Council is India’s first initiative with any partner. It complements the EU’s digital partnerships with other Asian nations and aligns with the EU Strategy for Cooperation in the Indo-Pacific.
Publication: Silicon India
Data Centres Take the Throne as the New Crown Prince of the Middle East (Proactive)edit
Meanwhile, AMD announced an agreement with HUMAIN to invest up to $10 billion over five years to establish 500 megawatts of AI compute capacity across a global network of AMDbased data centres, stretching from Saudi Arabia to the United States.
Publication: Analytics India Mag
AMD announces $6 billion stock buyback plan, CEO Lisa Su says…ability to consistently generate…edit
AMD shares gain momentum Advanced Micro Devices (AMD) revealed on Wednesday (May 14) a new stock buyback program totaling $6 billion This move aligns AMD with other chipmakers seeking to decrease their outstanding shares as the rapid growth in their stock values, fueled by artificial intelligence (AI) enthusiasm, shows indications of moderating
Publication: The Times of India
AI chipmaker AMD unveils $6 billion buyback plan (Proactive)edit
The buyback, which boosts its total repurchase authority to about $10 billion, comes just a day after AMD announced a deal with Humain, saying it has formed a $10 billion collaboration, following in the footsteps of a number of U.S. technology firms that struck AI deals in the Middle East.
Publication: Reuters
AMD EPYC 4005 Series To Attack Cost Sensitive Enterprise Server Market (Proactive)edit
AMD CEO Dr. Lisa Su AMD AMD just unveiled new EPYC 4005 Series processors, targeting small and medium sized businesses and hosted IT service providers with price and performance competitive enterprise servers and workstations.
Publication: Forbes
Chip giant AMD announces new $6 bn share buyback plan (Proactive)edit
Chip designer Advanced Micro Devices said on Wednesday its board has approved a new $6 billion share buyback program, boosting its total repurchase authority to about $10 billion. Shares of the Santa Clara, California-based company extended earlier gains, rising as much as 6.4 per cent in premarket trading.
Publication: Business Standard
Competition in news
Intel CEO Tan eyes middle management layoffs to fix execution failuresedit
Intel currently faces mounting pressure from investors and the market. Its shares have taken a hit in recent years due to falling sales and competition from rivals like AMD and Nvidia.
Publication: People Matters
OnePlus Pad 2 Pro tablet with Qualcomm Snapdragon 8 Elite launched: Specsedit
Powered by the Qualcomm Snapdragon 8 Elite, the tablet has a 12,140mAh battery It serves as the successor to the OnePlus Pad Pro, which was introduced in June 2023.
Publication: Business Standard
Nvidia to send 18,000 AI chips to Saudi Arabiaedit
US chip maker Nvidia will partner with Saudi Arabia s sovereign wealth fundowned AI startup Humain and will ship 18,000 chips to the Middle Eastern nation to help power a new data center project
Publication: The Economic Times
Nvidia CEO Jensen Huang’s net worth nears $120 billion, amid surging artificial intelligence chip demandedit
Nvidia CEO Jensen Huang s net worth neared $120 billion, fueled by soaring demand for AI chips, elevating him on Forbes billionaires list Nvidia’s market value reached $3 trillion after a major deal with Saudi Arabia to supply AI processors, including a significant portion for a startup backed by the kingdom s sovereign wealth fund.
Publication: The Times of India
Jensen Huang’s warning to US leaders: Get American AI out in front or risk losing China AI marketedit
Nvidia targets $50 billion in China s AI boom – why it can t afford to miss out Impact of US export restrictions on Nvidia Broader economic implications for the US China s rapid AI advancements and competitive threats Financial performance and market outlook.
Publication: The Times of India
Donald Trump to Nvidia CEO Jensen Huang At Saudi Summit: I see my friend Jensen is here, Apple CEO Tim Cook isn’tedit
Donald Trump lauded Nvidia CEO Jensen Huang at a USSaudi Investment Forum, acknowledging Nvidia s significant $500 billion investment in US AI infrastructure Nvidia plans to sell over 18,000 AI chips to Saudi Arabia s Humain, boosting Huang’s net worth to $120 billion amid high demand for Nvidia s processors.
Publication: The Times of India
An Indian-origin executive in Nvidia just saw a pay rise from 13.6 to 21.6 million dollarsedit
As a result, the board approved maximum performance based payouts for CEO Jensen Huang and his leadership team. Huang also received his first salary increase in a decade, while some senior executives saw their total compensation jump by as much as 70%.
Publication: The Economic Times
Intel has limited customer commitments for latest chip manufacturing tech, CFO saysedit
The volume of processors Intel is set to produce for external customers using its upcoming manufacturing technology is currently not significant, finance chief David Zinsner said on Tuesday Committed volumes, or the amount of external customers chips set to be produced by Intel using upcoming manufacturing tech, is presently not significant, Zinsner said at J.
Publication: The Economic Times
Partner in news
Agarwal is New MD of HPE Indiaedit
Hewlett Packard Enterprise (HPE) on Wednesday announced Bhawna Agarwal has been appointed as senior vice president and managing director of HPE in India. The new appointment will be effective immediately. She will be reporting to the executive vice president and chief sales officer Heiko Meyer. Agarwal assumed leadership of HPE’s India business from Som Satsangi, who retired from HPE after more than 27 years.
Publication: The Economic Times
Bullish on bots: How Agentic AI is changing customer support servicesedit
This summer, while calling the air conditioning service centre, Delhi-based Anna Mittal braced herself for another frustrating encounter with a chatbot. In the past, she had been trapped in an endless loop of scripted replies, her requests met with robotic indifference. No matter how she phrased her issue, the bot simply didn’t get her.
Publication: Business Standard
Trump tariffs: Sony may increase PS5 console prices, considers manufacturing in USedit
Sony is considering a potential price increase for the PlayStation 5 due to tariffs, estimating a $512 million impact While open to US manufacturing, the company is exploring various measures to manage costs This follows similar price hikes by Xbox and Nintendo, alongside rising game prices, reflecting broader shifts in the console market.
Publication: The Times of India
Samsung Galaxy S25 Edge launched in India: Price, specs, preorder details and moreedit
Samsung Galaxy S25 Edge: Price, availability and preorders Model RAM Storage Colours MOP (INR) Galaxy S25 Edge 12GB 256GB Titanium Silver, Titanium Jetblack 109999 12GB 512GB 121999 PreOrder Offers Model Offers No Cost EMI Galaxy S25 Edge.
Publication: The Times of India
Microsoft to lay off 3% of its workforce in latest round of job cutsedit
The total number of Microsoft employees was 228,000, of which 2,000 were fired in January this year.
Publication: India TV News
Dell XPS 13 review: This compact powerhouse packs marathon battery and Snapdragon’s punchedit
The Dell XPS 13 has been updated with the Snapdragon X Elite chipset to boost the battery life on an already solid device. Dell claims up to 27 hours of battery life on the model we ve got here for review.
Publication: Live Mint
Asus TUF Gaming F16 review: For casual gaming needsedit
Positioned slightly above the 15-inch TUF models but below Asus’ ROG series, the F16 offers a compelling spec sheet headlined by an Intel Core 5 Ultra processor and an Nvidia RTX 3050A GPU.
Publication: Money Control
Industry news
Global Data Centre Power Demand To Match India’s Total Consumption By 2030: IMFedit
Artificial Intelligence is increasing the demand for power by data centres. The resulting strain on power grids has major implications for global electricity demand.
Publication: Deccan Chronicle
India-made GPUs to be tech demo-ready by 2025, production by 2029edit
The first made-in-India graphics processing units, or GPUs, are expected to be ready for technology demonstrations by the end of this year, according to government officials familiar with the matter
Publication: Business Standard
India Semiconductor Mission: How India plans to become the world’s next chip powerhouseedit
India’s semiconductor dreams just got a fresh boost. On May 14, the Union Cabinet approved a new semiconductor manufacturing facility, a joint venture between HCL and Taiwanese electronics giant Foxconn.
Publication: Money Control
India Semiconductor Mission: All you need to know about Centre’s bold leap to become global microchip hubedit
All you need to know about the Semiconductor plant Sixth Semiconductor unit: Investment of Rs 3,700 crore: Focus on display driver chips: It will have the capacity to handle 20,000 wafers per month. The output will be around 3.6 crore (36 million) chips per month.
Publication: The Times of India
Cabinet approves HCL-Foxconn JV to establish India s sixth semiconductor unit at Jewar: Key features, employment boostedit
The Union Cabinet on Wednesday approved a Rs 3,706 crore semiconductor plant at Jewar in Uttar Pradesh, to be set up by the HCL-Foxconn joint venture to manufacture display driver chips for mobile phones, laptops, and automobiles.
Publication: The Times of India
BFSI not ready to tackle Quantum Computing threats, says studyedit
As the world moves towards quantum computing (CQ), there is a critical need for India’s banking, financial services, and insurance ( BFSI ) sector to gear up for the unique threats it poses, said a report prepared by ISB Institute of Data Science (IIDS).
Publication: The Times of India
HCL-Foxconn chip assembly plant gets approvaledit
The Union Cabinet on Wednesday approved the Rs 3,706 crore HCL Group-Foxconn joint venture chip assembly unit in Uttar Pradesh’s Jewar, Union Electronics and Information Technology Minister Ashwini Vaishnaw said.
Publication: The New Indian Express
Nvidia, AMD secure Al deals as Trump tours Gulf nationsedit
Among the biggest deals, Nvidia said it will sell hundreds of thou-sands of Al chips in Saudi Arabia, with a first tranche of 18,000 of its newest “Blackwell” chips going to Humain, an Al startup just launched by Saudi Arabia’s sovereign wealth fund. Chip designer Advanced Micro Devices (AMD) also announced a deal with Humain, saying it has formed a $10 billion collaboration
Publication: The Financial Express
India-made GPUs ready for trials before end of the yearedit
The chips will be general-purpose GPUs, or GPGPUs, with the potential use across a wide range of tasks. In the long run, the goal is to replace chips from global giants such as Advanced Micro Devices (AMD), Intel, Nvidia and Qualcomm in data centres, AI model training, analytics, cloud platforms, supercomputers and critical communications infrastructure, among others.
Publication: MINT
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