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AMD's U.S. stock initially rose about 4%, as Saudi AI company Humain announced plans to establish a joint venture with AMD and Cisco Systems, aiming to build and operate AI infrastructure of up to 1 gigawatt (GW) in Saudi Arabia by 2030

AMD's U.S. stock initially rose about 4%, as Saudi AI company Humain announced plans to establish a joint venture with AMD and Cisco Systems, aiming to build and operate AI infrastructure of up to 1 gigawatt (GW) in Saudi Arabia by 2030