Intel and AMD sign longer-term server CPU deals with Chinese customers as prices rise

Intel and AMD are signing longer-term purchase commitments with Chinese server customers for data-center processors as prices rise. Some agreements cover about one year, while the two companies have discussed commitments of two years or longer with some customers, according to people familiar with the talks.

Server CPU prices in China have risen by more than 10% month on month for some products, one source said. The demand comes as AI data centers require CPUs alongside accelerators for server, storage, networking and inference workloads. [Reuters]