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Publication Date: 2026-02-26 12:23:00
Advanced Micro Devices AMD is linking up with Nutanix (NASDAQ:NTNX) in a multi year effort to build a more open, enterprise friendly AI platform that can support the next wave of agentic AI applications.
The idea is to combine AMD’s chips with Nutanix’s cloud software and orchestration tools to create systems that can run AI workloads smoothly across data centers, hybrid setups and even the edge. As part of the partnership, AMD will invest $150 million in Nutanix stock at $36.26 per share and commit up to another $100 million in funding. The equity investment is expected to close in Q2 2026.
Investors liked the direction. Nutanix shares jumped more than 14% in extended trading after the news. The companies say the first jointly developed agentic AI platform should start reaching customers in late 2026.
