Advanced Micro Devices (AMD) and Amazon (AMZN) Web Services on Tuesday announced the availability of the first AMD Epyc processors on the Amazon Elastic Compute Cloud. AMD stock popped on the news.
At its Next Horizon conference, AMD revealed that its Epyc processors would go in Amazon's cloud computing data centers.
"The availability of multiple AMD Epyc processor-powered instances on Amazon EC2 marks a significant milestone in the growing adoption of our high-performance CPUs (central processing units) with cloud service providers," Forrest Norrod, senior vice president and general manager for AMD's Datacenter and Embedded Solutions Business Group, said in a news release.
AMD said its processors will offer "exceptional performance per dollar for general purpose and memory optimized workloads" on the cloud computing service.
AMD Stock Retreats From Early Gains
AMD stock jumped as much as 8.8% to 21.65 in intraday trading on the stock market today. It settled back for a gain of 3.9% to close at 20.68.
Processors for data centers have been among the most robust chip markets in recent quarters.
Last week, Xilinx (XLNX) surged on a news report that it had won a big chip order from Microsoft's (MSFT) Azure cloud-computing unit. Bloomberg said Xilinx would replace server chips made by Intel (INTC).
