AI Startup “Upstage” in Talks to Purchase 10,000 Advanced Micro Devices (AMD) Chips in Korea

Advanced Micro Devices, Inc. (NASDAQ:AMD) is 1 of the

Goldman Sachs AI Stocks: Top 12 Stocks to Buy. On March 23, 2026, Bloomberg reported that a South Korean AI startup, Upstage, is successful talks with Advanced Micro Devices, Inc. (NASDAQ:AMD) astir purchasing 10,000 MI355 AI accelerators to amended its home compute capableness and diversify beyond existing Nvidia chips. During a gathering successful Seoul, CEO Sung Kim addressed the prospective procurement with AMD CEO Lisa Su.

Upstage is competing successful a government-backed contention to found nationalist AI instauration models, with 4 teams being evaluated each six months by the Ministry of Science and ICT. The process volition supply 2 candidates by aboriginal adjacent year. The institution is creating a large connection exemplary with implicit 200 cardinal parameters for the adjacent phase. It is besides eyeing overseas markets, specified arsenic Vietnam and the UAE, with sovereign AI systems that tin beryllium deployed locally.

Separately, Advanced Micro Devices, Inc. (NASDAQ:AMD) expects first-quarter gross of astir $9.8 billion, positive oregon minus $300 million. The forecast includes $100 cardinal successful China-related AI spot sales.

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Advanced Micro Devices, Inc. (NASDAQ:AMD) is simply a starring semiconductor institution specializing successful high-performance computing and graphics solutions. Its wide merchandise portfolio includes microprocessors, graphics processors, and system-on-chip (SoC) solutions designed for information centers, gaming, and embedded systems.

While we admit the imaginable of AMD arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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