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Penning in a deal with TESLA is huge.. All of my TESLA related stock is up. Purchased shares with AMD immediately.
AMD really seems to be the outcast within the CPU/GPU and AI industry that nobody wants to acknowledge. Even though the quality of product and performance of it is top notch.
It's no surprise that TESLA contacted AMD for a much cheaper contract.. and this is going to be huge for AMD
Apparently it was misquoted
https://www.engadget.com/2017/09/21/cnbc-tesla-amd-ai-chip/Update: A GlobalFoundries spokesperson responded to this report with the following statement:
"Sanjay's comments at GlobalFoundries' GTC event were not reported accurately. In his presentation, Sanjay simply cited that companies like Apple, Google and Tesla are examples of the types of businesses showing interest in working closely with silicon companies to differentiate their offerings. Tesla has not committed to working with us on any autonomous driving technology or product."