AMD Secures $1 Billion DOE Supercomputer Contract for Advanced Research
The U.S. Department of Energy has inked a $1 billion deal with AMD to develop two cutting-edge supercomputers, Lux and Discovery, aimed at accelerating breakthroughs in clean energy, cancer research, and national security. Lux, operational within six months, will harness AMD's MI355X chips, while Discovery's 2029 launch will feature next-gen MI430 processors.
Energy Secretary Chris Wright emphasized the systems' potential to revolutionize fusion energy development and pharmaceutical discovery. The announcement follows IBM's successful quantum error-correction tests on AMD hardware, achieving tenfold speed improvements over baseline requirements.
Market reaction was immediate, with AMD shares climbing 2.67% to $259.67 ahead of quarterly earnings. The partnership underscores growing private-public collaboration in high-performance computing infrastructure.
