AMD Secures Rockdale AI/HPC Deal, Expands GPU Inference Deals with OpenAI and Meta
AMD offers greater upside through its data center CPU leadership and GPU inference deals with OpenAI, Meta and Riot Platforms, including a January 2026 Rockdale partnership for AI/HPC. This contrasts Nvidia’s 90% AI GPU market share and $4.3 trillion market cap, highlighting AMD’s potential in surging agentic AI CPU demand.
1. Competitive Landscape with Nvidia
AMD currently trails Nvidia’s dominant 90% share of the AI GPU market and a $4.3 trillion market valuation, but its stock is viewed as undervalued by some analysts due to stronger CPU offerings and lower-priced GPU alternatives.
2. Strategic AI/HPC Partnerships
In January 2026, AMD signed an initial deal to supply chips for Riot Platforms’ Rockdale AI/HPC site, building on existing GPU inference agreements with OpenAI and Meta to support large-scale model deployment.
3. Data Center CPU Leadership and Outlook
AMD’s EPYC processors lead in data center CPU performance, positioning the company to benefit from projected surges in agentic AI workloads that will drive higher CPU demand across AI infrastructures.