Advanced Micro Devices partnered with self-driving startup Turing Inc. to integrate AI accelerators into autonomous vehicle systems. This collaboration marks AMD’s strategic entry into the autonomous driving sector. AMD Ventures also completed a strategic investment in Turing Inc. as part of the agreement.
AMD shares rose significantly on July 6, 2026, following the announcement. Cantor Fitzgerald increased its price target for the company. The firm cited strong momentum in server and accelerator segments. This outlook comes ahead of the Advancing AI event scheduled for late July.