AMD’s Data Center Business Gets a Big Shot in the Arm

AMD’s Data Center Business Gets a Big Shot in the Arm

Advanced Micro Devices' (NASDAQ: AMD) plans to make progress in the data center space got a boost recently when the company announced major partnerships in China. The chipmaker's EPYC family of data center CPUs could be deployed by the likes of Tencent and JD.com, in association with data center infrastructure providers Lenovo and Sugon.

This is great news for shareholders, as the company has already racked up an impressive ecosystem of original equipment manufacturers (OEMs) and cloud service providers (CSPs) for the EPYC family. For instance, the likes of Acer, Dell, Asus, Gigabyte, and others have already committed to AMD for its new chip platform, setting it on its way to tap a market that could be worth $16 billion in 2020, according to the company's internal estimates.

Image Source: AMD 

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Source: Fool.com