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AMD Teams up with University of Toronto on New AI Research Lab as Chip Race Heats Up

Summary by ts2.tech
AMD and the University of Toronto opened a new AI and computing research lab, planning to support 100 projects over three years and add new AI servers. AMD shares rose nearly 6% in premarket trading as investors watched its AI chip efforts. The lab joins AMD’s R&D network, which includes MIT and UC Berkeley. Executives also reported recent share sales linked to equity awards. The post AMD teams up with University of Toronto on new AI research la…
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Newswire broke the news in on Wednesday, March 4, 2026.
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