Amazon Acquires $84.4 Million Stake In AMD Amid AI Chip Expansion, Export Controls

Benzinga

Amazon has purchased $84.4 million worth of shares in Advanced Micro Devices, according to a 13F regulatory filing with the Securities and Exchange Commission on Tuesday. Amazon's investment follows AMD’s strong first-quarter earnings, driven by 57% growth in its data center segment amid rising momentum in AI and data center chip markets. CEO Lisa Su said in the company's earnings call that AMD has already accounted for U.S. export restrictions and upcoming AI rules in its $500 billion AI market forecast. The Donald Trump administration is reportedly considering revisions to AI export controls, potentially shifting toward a global licensing system based on bilateral agreements.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Amazon has purchased $84.4 million worth of shares in advanced micro devices,

00:06according to a 13F regulatory filing with the Securities and Exchange Commission on Tuesday.

00:11Amazon's investment files AMD's strong first quarter earnings,

00:14driven by 57% growth in its data center segment,

00:17and then rising momentum in AI and data center chip markets.

00:20CEO Lisa Su said in the company's earnings call that AMD has already accounted for U.S.

00:25export restrictions and upcoming AI rules in its $500 billion AI market forecast.

00:30Donald Trump administration is reportedly considering revisions to AI export controls,

00:35potentially shifting towards a global licensing system based on bilateral agreements.

00:39For all things money, visit Benzinga.com slash GSTV.

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