Tech Titans AMD, Cisco, and Humain Forge Middle East Data Center Alliance - Digital Infrastructure Revolution Begins
Three industry giants just shook hands on a deal that could reshape Middle Eastern digital infrastructure.
The Power Play
AMD brings the processing muscle, Cisco delivers the networking backbone, and Humain adds the AI intelligence - creating a trifecta that traditional data center operators can't match. They're building from the ground up with next-generation architecture designed specifically for AI workloads and blockchain processing.
Market Implications
This joint venture signals a massive vote of confidence in Middle Eastern tech adoption. We're talking about infrastructure capable of handling the region's explosive crypto trading volumes and AI deployment needs. The timing couldn't be better - just as institutional money starts flowing into digital assets.
Of course, the traditional finance crowd will call this "speculative infrastructure spending" while quietly scrambling to update their own investment theses. Because nothing says "serious opportunity" like three billion-dollar companies pooling resources to build the digital future.
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The partnership is one of several tech deals announced during President Donald Trump’s visit to Riyadh in May. In addition, more collaborations are expected as TRUMP meets with Saudi Crown Prince Mohammed bin Salman in Washington this week. Notably, Saudi Arabia’s sovereign wealth fund is backing Humain’s push to build more data centers. Moroever, AMD and Cisco will be minority owners in this new joint venture, while Humain will lead the project, according to AMD CEO Lisa Su.
The team’s long-term plan is to build up to one gigawatt of data center capacity by 2030 to serve regions including Asia, Europe, India, the Middle East, and Africa. This will reach about 4.5 billion people. The first stage, set for 2026, will use renewable energy. Interestingly, AMD will supply its MI450 AI chips, while Cisco will provide networking equipment and use its sales team to help sell the center’s capacity. Construction hasn’t started yet, but Amin noted that purchase orders are already coming in for future data center builds.
Is AMD a Buy, Sell, or Hold?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on AMD stock based on 27 Buys, 10 Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average AMD price target of $281.78 per share implies 26.9% upside potential.
