AMD stock rises on Google Cloud deal

Advanced Micro Devices (AMD) announced Monday that its fifth-generation Epyc server processors will power Alphabet’s (GOOGL) Google Cloud TPU 8tx systems. AMD stock rose on the news. Google Cloud TPU 8tx is the first Tensor Processing Unit system with hardware-enhanced confidential computing. AMD’s Epyc CPUs enable protection of sensitive AI models and data, combining host processing, security…