AMD stock
On July 3, 2026, the U.S. Department of Energy awarded AMD a $425 million contract to provide the computational foundation for the "Discovery" supercomputer at Oak Ridge National Laboratory. The system will utilize next--generation Instinct MI450 accelerators and EPYC processors to achieve a projected 3 exaflops of peak performance. This agreement solidifies AMD’s leadership in the exascale computing market and secures a high--margin revenue pipeline for the company’s Data Center segment through 2028.