AMD and the U.S. Department of Energy have announced a $1 billion partnership to develop two new supercomputers aimed at advancing major scientific research. The collaboration, announced by AMD CEO Dr. Lisa Su and Energy Secretary Chris Wright, will focus on complex challenges, including cancer treatments and nuclear fusion energy. The systems are expected to significantly accelerate progress in these critical areas. The first supercomputer, named Lux, is scheduled to be built within six months and will utilize AMD's MI355X AI accelerators. News of the partnership was received positively, with AMD's shares reportedly rising following the announcement. The deal reinforces AMD's growing position in the high-performance computing and artificial intelligence sectors, contributing to a broader stock rally that has seen the company's shares reach near all-time highs.