<div id="readability-page-1">AMD (NASDAQ:AMD) shares rose fractionally on Monday as AMD CEO Dr. Lisa Su and Energy Secretary Chris Wright told Reuters the two entities were coming together in a $1B partnership aimed at developing supercomputers. The Dept. of Energy is creating two supercomputers that will go after large scientific issues, including cancer treatments and nuclea...</div>

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<p>AMD shares rose 1.3% following the announcement of a $1B partnership between AMD CEO Dr. Lisa Su and Energy Secretary Chris Wright to develop supercomputers. The Department of Energy aims to create two supercomputers, Lux and Discovery, to tackle significant scientific challenges, including cancer treatment and nuclear power. The first, Lux, will be operational in six months, while Discovery is expected by 2029. Dr. Su emphasized the partnership's potential to enhance U.S. research in science, energy, and medicine.</p>

- AMD shares increased slightly as the company announced a $1 billion partnership with the Department of Energy.  
- This collaboration, led by CEO Dr. Lisa Su and Energy Secretary Chris Wright, focuses on developing supercomputers.  
- The supercomputers aim to tackle significant scientific challenges, including advancements in cancer treatments and nuclear research.  

AMD rises as CEO, Energy Secretary disclosed $1B partnership for supercomputers