AMD and CSCO Partner to Expand AI Infrastructure in Saudi Arabia
On August 31, Advanced Micro Devices (NASDAQ:AMD), Cisco Systems (NASDAQ:CSCO), and Humain launched a joint AI infrastructure project in Saudi Arabia. The initiative integrates AMD's Instinct MI355X GPUs with Cisco’s Silicon One-based switches to enable GPU-as-a-service offerings across the Middle East. Future plans include deploying up to 250 MW of capacity using next-gen AMD MI400 Series GPUs by 2027, aiming for a total platform capacity of 1 GW by 2030. AMD reported strong Q2 results with revenue rising 50% year-over-year to $11.5 billion and Data Center segment growth exceeding expectations at $6.7 billion (+107%). Cisco also delivered robust performance, reporting record Q4 revenue of $17.3 billion and AI infrastructure orders up nearly fivefold from the previous year. While AMD is positioned for high-growth driven by data center demand, Cisco offers a more stable cash-flow profile with strong gross margins and consistent returns to shareholders.
Topics: AMD Cisco Systems GPU-as-a-Service Humain Middle East AI Market