AMD to Raise CPU Prices in March; Secures $200B GPU Orders
AMD plans CPU price increases starting March following a supply crunch and extended wait times, prompting shares to jump. CEO Lisa Su joined a presidential tech council as AMD secured over $200 billion in GPU and CPU orders from OpenAI and Meta for AI workloads.
1. Price Hikes and Supply Crunch
AMD and Intel notified clients of CPU price increases beginning in March and April, driven by a supply crunch that has extended CPU wait times and lifted share prices on expectations of stronger margins.
2. Major AI Partnerships and Orders
AMD secured over $200 billion in GPU and CPU orders from OpenAI and Meta for AI workloads, reinforcing its position as the CPU market leader and unveiling new PC processors optimized for artificial intelligence applications.
3. Lisa Su Joins Presidential Tech Council
CEO Lisa Su was appointed to a presidential tech council focused on emerging technologies like AI, giving AMD direct influence over future technology policy and regulatory developments.