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NEWS HIGHLIGHTS

  • AMD and Upstage expand strategic partnership to accelerate next-generation AI development
  • Upstage to deploy AMD Instinct™ MI355 GPUs for large language models and document processing engines designed to transform enterprise workflows and support sovereign AI initiatives. 
  • AMD ROCm™ open software ecosystem to support development of Upstage’s advanced AI models

SEOUL, South Korea and SANTA CLARA, Calif. – March 18, 2026 – AMD (NASDAQ: AMD) and Upstage, South Korea’s leading AI lab focused on developing Artificial General Intelligence, today announced an expansion of their strategic collaboration to accelerate the development and deployment of next-generation AI models and contribute to Korea’s sovereign AI ecosystem.

The announcement follows a meeting in Seoul between Upstage CEO Sung Kim and AMD Chair and CEO Dr. Lisa Su, where the two leaders discussed a range of collaboration opportunities to drive AI innovation across the region.

Under the expanded collaboration, Upstage will immediately begin deploying AMD Instinct™ MI355 GPUs supported by a multi-phase roadmap over the next year. The deployment will enable the development and scaling of Upstage’s large language models and document processing engines designed to transform enterprise workflows and support sovereign AI initiatives. This includes contributing to the development of a sovereign AI model as part of Korea's government-led Proprietary AI Foundation Model project. 

Together, AMD and Upstage aim to strengthen Korea’s domestic AI ecosystem while diversifying the nation’s sovereign AI infrastructure.

"AMD is a cornerstone of global AI computing infrastructure, and this collaboration will be instrumental in both advancing our proprietary Solar LLMs and building Korea's sovereign AI model," said Sung Kim, CEO of Upstage. "Pairing that with domestic infrastructure gives us the foundation to make Korea a genuinely competitive force in global AI."

“Upstage is at the forefront of AI innovation in Korea, building advanced language models and AI engines that serve enterprises, governments and regulated industries,” said Dr. Lisa Su, chair and CEO, AMD. “This collaboration brings together AMD Instinct GPUs and the ROCm open software with Upstage’s expertise to advance Korea’s sovereign AI capabilities and deliver the performance, efficiency and open ecosystem needed to accelerate AI innovation.”

About AMD

AMD (NASDAQ: AMD) drives innovation in high-performance and AI computing to solve the world’s most important challenges. Today, AMD technology powers billions of experiences across cloud and AI infrastructure, embedded systems, AI PCs and gaming. With a broad portfolio of AI-optimized CPUs, GPUs, networking and software, AMD delivers full-stack AI solutions that provide the performance and scalability needed for a new era of intelligent computing. Learn more at www.amd.com.

About Upstage

Upstage is building the future of enterprise AI through domain-specific language models and intelligent tools designed for high-impact business use. With deep expertise in LLM development, document AI, and agentic workflows, the company enables regulated industries and global enterprises to unlock the full potential of generative AI — securely, efficiently, and at scale.

AMD Forward-Looking Statements

This press release contains forward-looking statements concerning Advanced Micro Devices, Inc. (AMD) such as the strategic partnership between AMD and Upstage and the expected timing and benefits thereof, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are commonly identified by words such as "would," "may," "expects," "believes," "plans," "intends," "projects" and other terms with similar meaning. Investors are cautioned that the forward-looking statements in this press release are based on current beliefs, assumptions and expectations, speak only as of the date of this press release and involve risks and uncertainties that could cause actual results to differ materially from current expectations. Such statements are subject to certain known and unknown risks and uncertainties, many of which are difficult to predict and are generally beyond AMD's control, that could cause actual results and other future events to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Material factors that could cause actual results to differ materially from current expectations include, without limitation, the following: impact of government actions and regulations such as export regulations, import tariffs, trade protection measures, and licensing requirements; competitive markets in which AMD’s products are sold; the cyclical nature of the semiconductor industry; market conditions of the industries in which AMD products are sold; AMD’s ability to introduce products on a timely basis with expected features and performance levels; loss of a significant customer; economic and market uncertainty; quarterly and seasonal sales patterns; AMD's ability to adequately protect its technology or other intellectual property; unfavorable currency exchange rate fluctuations; ability of third party manufacturers to manufacture AMD's products on a timely basis in sufficient quantities and using competitive technologies; availability of essential equipment, materials, substrates or manufacturing processes; ability to achieve expected manufacturing yields for AMD’s products; AMD's ability to generate revenue from its semi-custom SoC products; potential security vulnerabilities; potential security incidents including IT outages, data loss, data breaches and cyberattacks; uncertainties involving the ordering and shipment of AMD’s products; AMD’s reliance on third-party intellectual property to design and introduce new products; AMD's reliance on third-party companies for design, manufacture and supply of motherboards, software, memory and other computer platform components; AMD's reliance on Microsoft and other software vendors' support to design and develop software to run on AMD’s products; AMD’s reliance on third-party distributors and add-in-board partners; impact of modification or interruption of AMD’s internal business processes and information systems; compatibility of AMD’s products with some or all industry-standard software and hardware; costs related to defective products; failure to maintain an efficient supply change as customer demand changes; AMD's ability to rely on third party supply-chain logistics functions; AMD’s ability to effectively control sales of its products on the gray market; impact of climate change on AMD’s business; AMD’s ability to realize its deferred tax assets; potential tax liabilities; current and future claims and litigation; impact of environmental laws, conflict minerals related provisions and other laws or regulations; evolving  expectations from governments, investors, customers and other stakeholders regarding corporate responsibility matters; issues related to the responsible use of AI; restrictions imposed by agreements governing AMD’s notes, the guarantees of Xilinx’s notes and the revolving credit agreement; AMD’s ability to satisfy financial obligations under guarantees and other commercial commitments; impact of acquisitions, joint ventures and/or investments on AMD’s business and AMD’s ability to integrate acquired businesses; impact of any impairment of the combined company’s assets; political, legal and economic risks and natural disasters; future impairments of technology license purchases; AMD’s ability to attract and retain key employees; and AMD’s stock price volatility. Investors are urged to review in detail the risks and uncertainties in AMD’s Securities and Exchange Commission filings, including but not limited to AMD’s most recent reports on Forms 10-K and 10-Q.

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Aaron Grabein
AMD Communications
+1 512-602-8950 
aaron.grabein@amd.com

Liz Stine
AMD Investor Relations
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liz.stine@amd.com

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