The stock price of Advanced Micro Devices, Inc. (NASDAQ:AMD) climbed significantly after announcing its partnership with Google.
AMD stock closed $26 per share, up almost 12 percent on Tuesday. The rally brought the company’s market capitalization to $26.14 billion.
Advanced Micro Device disclosed that Google selected the high performance, custom AMD Radeon datacenter GPUs for its Vulkan and Linux-based Google Stadia.
Additionally, the semiconductor company announced that it is supporting the search engine giant’s software development tools and Linux-based, open-source Vulkan driver. Their partnership will help game developers optimize future titles that will run in the new GPU-powered platform
According to the company, custom AMD high-performance Radeon datacenter GPUs for Google Stadia include:
- Second-generation High-Bandwidth Memory (HBM2) to provide power savings in a compact footprint;
- Critical datacenter features such as Error Correcting Code (ECC)1 protection to help ensure data integrity;
- Fast, predictable performance with security features for cloud-based gaming, via the industry’s first hardware-based GPU virtualization solution built on industry standard SR-IOV (Single-Root I/O Virtualization) technology.
AMD and Google are committed to open-source
In a statement, Ogi Brkic, corporate vice president and general manager of the Datacenter GPU Business Unit at Advanced Micro Devices, said the company is providing unique technologies and expertise to enable world-class cloud gaming experiences by combining its gaming DNA and data center technology leadership.
