AMD · News · 20260918N

AI Infrastructure Supply Constraints

ADVANCED MICRO DEVICES INC · 2026-09-18 · Importance 40 · Surprise 42 · In source text

AMD has reportedly secured a substantial portion of next year’s high-bandwidth memory (HBM) production, reflecting tight supply for a critical component of AI accelerators. Nvidia, Alphabet, and AMD together have reportedly locked up approximately 85% of expected HBM supply. The procurement activity indicates that access to HBM may influence AMD’s ability to scale AI GPU shipments and compete in the data-center accelerator market.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuenegativecontingent—Nvidia, Alphabet, and AMD have already bought most of the high bandwidth memory that will be manufactured next year.