AMD and HUMAIN partner on $10B AI infrastructure project

SANTA CLARA, Calif. - Advanced Micro Devices, Inc. (NASDAQ: AMD), currently trading at $112.17 and showing strong momentum with a 9.63% gain over the past week, has announced a strategic partnership with Saudi Arabia’s AI company HUMAIN to construct an extensive AI infrastructure. The collaboration entails a $10 billion investment over five years to deploy 500 megawatts of AI compute capacity, aiming to establish the world’s most open, scalable, and resilient AI infrastructure. According to InvestingPro analysis, AMD appears slightly undervalued based on its Fair Value assessment.

The project, with initial deployments already in progress, is expected to reach multi-exaflop capacity by early 2026. This capacity will be powered by AMD’s AI compute portfolio and ROCm open software ecosystem, encompassing AMD Instinct GPUs, EPYC CPUs, Pensando DPUs, and Ryzen AI processors. The company’s strong financial position, evidenced by a healthy current ratio of 2.8 and robust revenue growth of 21.71% over the last twelve months, supports its ability to deliver on this ambitious project.

AMD’s Chair and CEO, Dr. Lisa Su, emphasized the significance of the investment, stating that it marks a substantial milestone in advancing global AI infrastructure. Su highlighted the shared vision of AMD and HUMAIN to bring high-performance computing to developers, startups, and enterprises worldwide.

HUMAIN’s CEO, Tareq Amin, expressed the company’s intent to democratize AI by making advanced AI accessible, limited only by imagination rather than infrastructure. HUMAIN will manage the delivery of the project, including data centers, sustainable power systems, and global fiber interconnects.

The collaboration combines Saudi Arabia’s energy resources, AI-ready workforce, and AI policies with AMD’s full-spectrum AI stack. The infrastructure is designed to be open by nature, optimized for AI workloads, and accessible at scale for various markets.

This announcement follows AMD’s history of over 50 years of innovation in high-performance computing and graphics. The company’s technology is integral to numerous Fortune 500 businesses and scientific research institutions.

The press release includes forward-looking statements that involve risks and uncertainties, cautioning investors that actual results could differ materially from expectations. It also outlines the competitive and regulatory challenges AMD faces in the semiconductor industry.

The information for this article is based on a press release statement from AMD and HUMAIN. For deeper insights into AMD’s financial health (rated "GOOD" by InvestingPro), including 17 additional ProTips and comprehensive valuation metrics, investors can access the detailed Pro Research Report, available exclusively to InvestingPro subscribers.

In other recent news, Advanced Micro Devices, Inc. (AMD) reported financial results that have drawn varied reactions from analysts. AMD’s earnings per share for the March quarter were $0.96 on revenues of $7.44 billion, surpassing consensus estimates. Despite these strong results, Northland and Truist Securities have revised their price targets for AMD to $132 and $111, respectively, citing concerns about export restrictions and competitive challenges. Meanwhile, Cantor Fitzgerald maintained an Overweight rating with a $120 target, highlighting AMD’s better-than-expected first-half results and anticipated double-digit growth in the Data Center Instinct segment.

TD Cowen raised its price target to $115, maintaining a Buy rating, and pointed out AMD’s sustainable market share gains in PC and server CPUs. However, challenges remain, particularly in the Data Center GPU segment, with TD Cowen noting underwhelming results and anticipated improvements in the latter half of 2025. Truist Securities expressed concerns over AMD’s exit from the China market, which is expected to impact Datacenter Accelerator revenues.

Additionally, AMD launched its EPYC 4005 Series processors, targeting small and medium-sized businesses with enhanced performance and energy efficiency. The processors have received support from partners like OVHcloud and Supermicro, who highlighted their cost-effectiveness and technological capabilities. These developments reflect AMD’s ongoing efforts to expand its product offerings while navigating industry challenges.

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