AMD's technology has been chosen to power a new, state-of-the-art AI factory in Melbourne, Australia. Maincode announced a $30 million investment to build the facility, which will utilize AMD Instinct™ MI355 accelerators and AMD EPYC™ server CPUs. The project, internally known as MC-2, is set to open in January 2026 and aims to advance Australia's capabilities in creating specialized AI models. The partnership highlights AMD's growing role in the global AI infrastructure build-out, competing with rivals to supply the high-performance computing necessary for AI development. Peter Chambers, a senior director at AMD, stated that the company is proud to support this locally-led innovation and help advance Australia's AI ecosystem. While this specific deal is not on the scale of AMD's recent major partnerships, it reinforces the company's strategy and execution in the lucrative AI market. The news did not appear to generate significant immediate market analysis regarding AMD's stock price, which was more broadly influenced by ongoing discussions around its upcoming earnings report and a recent technical analysis suggesting a potential market correction.
AMD's AI Technology to Power New $30 Million AI Factory in Australia
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