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$AMD The news from Sweden regarding AMD is genuinely…

$AMD
The news from Sweden regarding AMD is genuinely positive.
Scaleway has announced plans to build a new AI supercomputer using MI355X chips and ROCm software.
$AMD
With this move, AMD gains another cloud provider to reach customers in Europe.
There is an interesting detail in the announcements: on the same day, Scaleway also revealed plans for new capacity in Copenhagen using #Nvidia B300 systems. They are offering customers a choice between the two platforms. This demonstrates that different chips can coexist in this growing market :)
$AMD
For AMD, continued success hinges on developers being able to run their applications smoothly on ROCm. If a customer tries it once and adopts it for regular use, it creates a solid foundation for future capacity orders. The calculation involves not just chip performance, but also the effort required to switch software and the cost per task performed.
The announcement does not specify the number of chips, the contract value, or the exact launch date for the Swedish project.
For now, it represents a valuable customer acquisition. We will be able to calculate its revenue impact once details regarding capacity and delivery become available.

$NVDA
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