---
title: "AMD rises as CEO, Energy Secretary disclosed $1B partnership for supercomputers"
description: "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 tw"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/262951032.md"
published_at: "2025-10-27T19:16:10.000Z"
---

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

> 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.

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...

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.