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AMD reports $48.8 billion in purchase commitments as AI chip demand climbs

AMD reports $48.8 billion in purchase commitments as AI chip demand climbs

Photo: Crypto Briefing

The chipmaker has locked in billions for wafers, substrates and memory, with $33.4 billion due by the end of 2027 Advanced Micro Devices has signed up for a very large shopping list. The chipmaker reported $48.8 billion in unconditional purchase commitments, with $33.4 billion of that due by the end of 2027. Unconditional is the key word. These are obligations AMD has to pay whether or not demand holds up, which makes the figure a statement of confidence about where AI spending is headed.

Source: Crypto Briefing

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