AMD is the subject of a major rumor claiming Alibaba is considering purchasing 40,000-50,000 MI308 AI accelerators, a deal potentially worth hundreds of millions. Shares showed limited movement despite the news, trading near $214.84 (-0.05%).
- The potential deal involves 40,000 to 50,000 MI308 AI accelerators, representing a contract potentially worth hundreds of millions.
- The report remains unconfirmed, but confirmation could spur significant analyst upgrades as revenue from China was not included in AMD's recent guidance.