AMD to invest $10 billion in Saudi Arabia

AMD has announced its continued expansion efforts in Saudi Arabia, in line with Saudi Vision 2030, with plans to invest around $10 billion in the country. The initiatives include deploying advanced graphics units such as the MI-355 system and providing over 10,000 central processing units (CPUs) by 2026, with an increase in capacity to approximately 250 megawatts by 2027. These investments aim to support advanced computing capabilities and strengthen artificial intelligence infrastructure, focusing on bringing cutting-edge technologies like the HELIOS system. The goal is to meet the growing global demand for artificial intelligence solutions and to enable broad transformations across multiple sectors. AMD believes that the world is still in the early stages of AI development and is committed to providing greater computational power to support businesses and individuals. The company also sees Saudi Arabia as a unique opportunity for partnerships in technology and AI fields.