Jim Cramer hails AMD's "nice win" in a $1 billion AI supercomputer partnership with the U.S. Department of Energy.

DOE announced the Discovery and Lux supercomputers at ORNL to advance U.S. leadership in artificial intelligence and high-performance computing. Discovery and Lux will enable AI-driven research that fuels new advances in energy, manufacturing, medicine and cybersecurity.

It's taken a little longer than anticipated to arrive to market, but AMD's Radeon AI Pro R9700 graphics card for AI developers finally has a firm release date and pricing.

News HighlightsThe Lux AI supercomputer, powered by AMD and housed at Oak Ridge National Labs, will be the first dedicated U.S. AI factory for

Chips aren’t the only star of the massive agreement. AMD’s software efforts have slowly turned it into a more formidable competitor to Nvidia.

AMD now has Ryzen 100 Zen 3+ CPUs, Ryzen 10-series Zen 2 CPUs alongside Ryzen AI 300, 9000, 8000, and 7000 series. Phew.

AMD said Monday that it has sold ZT Systems’ manufacturing unit to Sanmina for $3 billion, making the U.S. electronics services giant a top AI ally for the chip designer in its fight against Nvidia.

The demand for chips to support AI infrastructure could be a $500 billion opportunity, and AMD is well-positioned to benefit from this growth. AMD’s Instinct GPUs are designed for performance leadership in AI inference workloads.