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Publication Date: 2026-02-26 05:55:00
AMD has struck another chips’n’stock deal, this time with software-defined datacenter player Nutanix.
The deal means AMD will acquire $150 million worth of Nutanix stock and also fund up to $100 million of joint engineering work and go-to-market efforts for a new “full-stack AI infrastructure platform” that will use Nutanix’s stack to allow agentic and inferencing applications to run in the many on-prem, cloudy, and edge environments it supports.
Nutanix currently supports only Nvidia GPUs. This new deal means it will support AMD accelerators, too, making this a bet by AMD that Nutanix can generate more demand for its hardware.
“Our goal is to provide customer choice,” Nutanix CEO Rajiv Ramaswami told The Register. “Nvidia has been the market leader and AMD is the other big platform company.”
Ramaswami said agentic AI adoption is still at a “very early stage” within enterprises, but said Nutanix hopes to speed things up a bit by tuning its stack so it can host this class of applications wherever customers want to run them.
Nutanix revealed its new ties to AMD after first announcing its Q2 results, which saw revenue grow ten percent…
