May 16th Top 20 trading volume in the US stock market: AMD rose over 40% this week, will build an AI park with Saudi Arabia's DataVolt.

On Friday, AMD ranked 18th in trading volume in the US stock market, with a 4.98% increase in closing price and a trading volume of $4.511 billion. The stock has risen by 44.26% this week. AMD announced on Friday that it has reached a strategic partnership with Saudi data center DataVolt to initially build a large-scale artificial intelligence campus in the Kingdom of Saudi Arabia. This partnership is subject to negotiation by both parties and the completion of one or more final agreements. The expected minimum market value of the products in the deal is $20 billion. This collaboration is expected to accelerate the delivery of AMD's super-dense GPU platform, storage, and rack PnP systems, providing services for DataVolt's large-scale megawatt-level renewable and net zero-green artificial intelligence campus, offering customers unprecedented scale and sustainability.