BELLEVUE, Washington — In a strategic move to bolster their positions in the semiconductor market, American chipmakers AMD and Intel announced a partnership on Tuesday to establish an x86 ecosystem advisory group. This collaboration comes as the x86 chip architecture, developed by Intel, faces mounting competition from Arm architecture and growing skepticism regarding the demand for AI chips.
AMD CEO Lisa Su and Intel CEO Pat Gelsinger shared the stage at Lenovo’s annual Tech World event in Bellevue, highlighting the significance of their alliance. The partnership aims to address the challenges posed by evolving market dynamics and to foster innovation within the x86 ecosystem.
The announcement comes in the wake of a challenging environment for semiconductor stocks, particularly after ASML’s recent outlook raised concerns about future demand. The partnership between AMD and Intel signals their commitment to navigating these hurdles and maintaining their competitive edge in the rapidly changing semiconductor landscape.
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