Sources: AMD agrees to backstop a $300M loan from Goldman Sachs for Crusoe to buy AMD AI chips, the first known case of AMD chips used as debt collateral
Chipmaker AMD is pursuing the same growth-driving strategy that has boosted sales at rival Nvidia: lending its financial support to upstart cloud providers buying its chips.
folks we're doing vendor financing, quite frankly, we're doing some of the greatest vendor financing we've ever seen, the chips are so good that we're having to loan the chips to the customer and also pay to rent them back, it's simply tremendous - can you believe it? [image]