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AMD gets another vote of confidence in the AI chip wars — this time from Oracle

1. AMD will deploy 50,000 AI chips in Oracle data centers by 2026. 2. This follows AMD's partnership with OpenAI for AI chip supply. 3. The Oracle deal strengthens AMD's position against Nvidia in the AI market. 4. AMD's Instinct MI450 GPUs will be utilized for AI training and inference. 5. AMD shares rose 2%, lower than the 27% surge post-OpenAI deal.

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FAQ

Why Bullish?

AMD's growing partnership with Oracle enhances market competitiveness, historically leading to price boosts post-announcement.

How important is it?

The article discusses significant partnerships that could enhance AMD’s market position, likely influencing investor sentiment and share prices.

Why Long Term?

The deployment starts in 2026, suggesting sustained interest in AMD's technology leading up to and beyond this date.

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