10 Hot Happenings In The Semiconductor Market This Summer

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AMD Joins DOE's FastForward Program

AMD in July was selected to participate in the Department of Energy’s FastForward program, an initiative aimed to accelerate the development of new technologies related to exascale computing.

As a participant of the program, AMD is being granted a total of $12.6 million to put toward R&D efforts, including $9.6 million for processor-related research and $3 million for memory-related research. The resulting new technologies will pave the way toward exascale computing, a next-generation model of supercomputing that will enable some of the world’s highest-end computing systems to run roughly one thousand times faster than they can today.

Chip-makers including AMD and its rival Intel, along with government agencies like the DOE, have placed a growing emphasis on exascale computing over the last few years, as it's expected to lead to faster processing times for mission-critical apps, namely those used in the healthcare and defense industries.

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