AMD has reportedly secured a $350 million AI chip order, according to Hungarian tech site PCWPlus (source 21).

AMD has reportedly secured a $350 million AI chip order, according to Hungarian tech site PCWPlus (source 21). The order, described as a message to Nvidia, likely involves AMD's MI300X or future MI400 series accelerators, indicating strong enterprise demand for AMD's data center AI solutions. This aligns with a recent Citi analyst note that AMD is 'getting closer' to Nvidia in the AI chip market (source 22). The analyst upgrade and large order suggest AMD is gaining traction against Nvidia's dominant position. Additionally, AMD has been active in product launches, including a Ryzen AI Halo Mini PC for $3,999 (source 19) and a mini PC that runs 235B parameter AI models locally using the Ryzen AI Max+ 395 (source 17). While the $350M order is a single report, combined with the positive analyst sentiment and product momentum, it points to a meaningful shift in AMD's competitive position in the AI infrastructure market. If realized, this order would contribute to AMD's data center revenue, which was $7.44B in Q1 2026 (source 49).