Industry Newsamd mi355upstagenvidiachip procurement
Upstage Says Talks To Acquire 10K AMD MI355 Chips
6.1

Korean AI startup Upstage says it is in talks to acquire 10K of AMD's MI355 chips, Bloomberg reports. The company says the purchase would diversify its chip suppliers because it currently has a lot of Nvidia chips.
Key Points
- 1Negotiates acquisition of 10K AMD MI355 chips, per Bloomberg report.
- 2Diversifies supplier base because Upstage says it already holds many Nvidia chips.
- 3Potentially reduces Nvidia dependency and increases hardware procurement flexibility for AI workloads.
Scoring Rationale
Moderate industry relevance and credible Bloomberg sourcing, but limited details and RSS-only reporting reduce confidence.
Sources
Public references used for this report.
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