AMD Wins Big AI Chip Order From Oracle in Race to Catch Nvidia

Core Insights - Oracle Corp. will deploy 50,000 AMD MI450 chips in data center computers starting in Q3 2026, marking a significant commitment to AMD technology [1][2] - This announcement reflects the growing demand for AI services and the competitive landscape between AMD and Nvidia, with AMD aiming to establish itself as a credible alternative to Nvidia [2][3] - AMD shipped approximately 100,000 AI processors in Q2, while Nvidia shipped 1.5 million, highlighting the competitive gap in the AI processor market [4] Company Developments - AMD is enhancing its offerings to match Nvidia's capabilities in providing complete computing solutions for data center owners [3] - The partnership with OpenAI involves a long-term agreement where OpenAI will purchase 6 gigawatts of computers featuring AMD accelerators over several years [5] - Oracle's announcement follows AMD's deal with OpenAI, indicating a trend of major tech companies forming partnerships to expand computing infrastructure for AI [5]