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Stock impact report

: AMD and Cray seek to develop fastest supercomputer in the world [MarketWatch]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: MarketWatch
Opinion: AMD and Cray seek to develop fastest supercomputer in the world Advanced Micro Devices Inc. and Cray Inc. have been awarded a $600 million contract to develop the fastest supercomputer in the world for the U.S. Department of Energy, the companies announced Tuesday morning. The deal, to design a massive supercomputer called Frontier, is the most ambitious in the revived partnership of the two companies, and could give AMD AMD, -2.83% more clout in high-performance computing and data-center chips. AMD supplied Cray CRAY, -0.91% with Opteron processors for supercomputers until about 2013, when Cray switched to Intel Corp. INTC, -0.42% CPUs only; Cray revived its relationship after AMD launched its powerful Epyc data-center processors last year. The companies have a bold deadline to complete and deliver Frontier sometime in 2021 to the Oak Ridge National Laboratory in Tennessee. Executives said in a briefing ahead of the announcement that the computer will be the fastest Show less Read more
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