AMD Stock Jumps on Major Samsung Chip Manufacturing Breakthrough

What happened: AMD shares rose after reports that Samsung Electronics is preparing to make semiconductor components for AMD and Nvidia at its planned Taylor, Texas facility. Key numbers: AMD shares up 4% in morning trading. Construction begins this month. 2-nanometer technology planned. Equipment installation targeted around February 2029, mass manufacturing expected in 2030. Why it matters: The reported agreement could give AMD another potential source of advanced chip production capacity as demand for computing chips grows. Market: -2.3% today ($42.62), -43.2% YTD, 1.3x vol — as of 08:45 UTC

AMD shares rose after reports that Samsung Electronics is preparing to make semiconductor components for AMD and Nvidia at its planned Taylor, Texas facility.

The reported agreement could give AMD another potential source of advanced chip production capacity as demand for computing chips grows. Market: -2.3% today ($42.62), -43.2% YTD, 1.3x vol — as of 08:45 UTC