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RE: LeoThread 2025-05-13 23:50

in LeoFinance5 months ago

The partnership aims to deploy 500 megawatts of AI processing capacity in Saudi Arabia over the next five years.

AMD shares are up nearly 4% following the deal.

Stay tuned, the company continues to make the right moves.

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Networks want to be close to their end users. If the users are European and American, Saudi is a bad choice due to distance. It's why we see datacenters in the western countries and not cheap power countries like Iceland.