AMD, Cisco and HUMAIN Activate AI Infrastructure in Saudi Arabia With 1 GW Target by 2030

Cisco and AMD Team With HUMAIN On Saudi AI Infrastructure - Cisco Systems (NASDAQ:CSCO)

Cisco Systems (NASDAQ:CSCO) along with Advanced Micro Devices, Inc. (NASDAQ:AMD) and Saudi Arabia's HUMAIN disclosed that AI infrastructure powered by AMD Instinct MI355X GPUs and built on Cisco Silicon One-based networking is now operational in Saudi Arabia. It will support customers of HUMAIN, which is a PIF company delivering full-stack AI solutions, across the Kingdom and beyond. Cisco AI Networking Deal With AMD And HUMAIN The production deployment combines AMD Instinct MI355X GPUs and AMD EPYC CPUs with Cisco networking infrastructure. This represents a key step in the companies' efforts to establish an open, large-scale AI platform in Saudi Arabia. Cisco's N9000 Series platform, powered by Cisco Silicon One and Cisco 800G optics, links the MI355X GPUs through an AI-focused network fabric engineered to support large-scale deployments, low-latency performance and operational resilience. This infrastructure allows HUMAIN to deliver GPU-as-a-service for a broad range of applications, including AI model training and inferencing. Building on this initiative, Cisco, AMD and HUMAIN intend to roll out up to 250 MW of AI infrastructure through their previously announced joint venture. The planned infrastructure will combine AMD Instinct MI400 Series GPUs, AMD EPYC CPUs and AMD ROCm open software with Cisco networking and other essential infrastructure. Deployment is expected to start in 2027, with the first capacity anticipated to come online during the second half of the year. The next stage of the joint venture is expected to substantially increase Saudi Arabia's AI computing capacity. Supported by strong customer demand, the venture remains on track to deploy up to 1 GW of AI infrastructure by 2030. News Cisco Expands Rack-Scale AI Computing With Nvidia, Supermicro Cisco is expanding its Secure AI Factory with Nvidia and Supermicro, adding rack-scale computing solutions for large-scale AI workloads. 4 min read Read this article CSCO Earnings Preview And Analyst Price Targets Looking further out, the next major catalyst for the stock arrives with the November 11, 2026 (estimated) earnings report. * EPS Estimate: $1.29 (Up from $1.00 YoY) * Revenue Estimate: $18.11 Billion (Up from $14.88 Billion YoY) * Valuation: P/E of 33.0x (Indicates premium valuation relative to peers) Trending Analyst Consensus & Recent Actions: Cisco stock carries a Buy rating with an average price forecast of $134.31. Recent analyst moves include: * HSBC: Downgraded to Hold (Lowers Target to $120.00) (Aug. 14) * UBS: Buy (Raises Target to $138.00) (Aug. 13) * Truist Securities: Buy (Raises Target to $140.00) (Aug. 13) Top ETFs Holding CSCO And Why It Matters * First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR): 7.39% Weight * First Trust Dow Jones Internet Index Fund (NYSE:FDN): 8.14% Weight * Amplify Cybersecurity ETF (NYSE:HACK): 5.45% Weight Significance: Because CSCO carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock. CSCO Price Action: Cisco Systems shares were up 0.51% at $110.28 at the time of publication on Monday, according to Benzinga Pro data. Photo via Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.

Amd Expands Global AI Footprint With New Saudi Platform - Advanced Micro Devices (NASDAQ:AMD)

Advanced Micro Devices Inc (NASDAQ:AMD) stock was little changed in Monday premarket trading as the chipmaker announced it was expanding its AI infrastructure footprint in Saudi Arabia. AMD shares are also trading below their June peak, keeping attention on whether the stock can hold near current levels. AMD AI Infrastructure Goes Live In Saudi Arabia AMD, Cisco Systems Inc (NASDAQ:CSCO) and HUMAIN brought a new AI platform into production in Saudi Arabia using AMD Instinct MI355X GPUs and AMD EPYC CPUs. Cisco supplies the networking infrastructure, including its Silicon One technology, N9000 Series platform and 800G optics. Trending The deployment allows HUMAIN to offer GPU-as-a-service for workloads ranging from AI model training to inference. AMD Chair and CEO Lisa Su said the launch marks an important milestone in the company's work with HUMAIN and establishes an open, high-performance platform designed to expand over time. Partners Plan Up To 250 MW From 2027 AMD, Cisco and HUMAIN plan to deploy up to 250 MW of additional AI infrastructure powered by AMD Instinct MI400 Series GPUs, EPYC CPUs and ROCm open software alongside Cisco networking technology. The companies plan to begin deployment in 2027, with capacity expected to start coming online in the second half of the year. The expansion forms part of their previously announced joint venture, which remains on track to deploy up to 1 GW of AI infrastructure by 2030. Sovereign AI Demand Drives Expansion HUMAIN CEO Tareq Amin said demand for sovereign, high-performance AI infrastructure continues to grow. Cisco Chair and CEO Chuck Robbins said the region is moving from AI investment toward deployment. The partners are building the platform around open models, software and locally operated infrastructure, giving customers greater control over data location, model customization and AI deployment. AMD Analyst Consensus & Recent Actions The stock carries a Buy rating with an average price forecast of $595.91. Recent analyst moves include: * Raymond James: Upgraded to Strong Buy (Raises Forecast to $641.00) (Aug. 25) * BMO Capital: Initiated with Outperform (Forecast $550.00) (Aug. 21) * Argus Research: Buy (Raises Forecast to $625.00) (Aug. 6) Top ETF Exposure * iShares Semiconductor ETF (NASDAQ:SOXX): 8.10% Weight * ARK Autonomous Technology & Robotics ETF (BATS:ARKQ): 5.86% Weight * ARK Next Generation Internet ETF (NYSE:ARKW): 7.00% Weight Significance: Because AMD carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock. AMD Stock Price Activity: Advanced Micro Devices shares were trading higher by 0.10% at $466.04 during premarket trading on Monday, according to Benzinga Pro data. Tech Why Is Broadcom Stock Sliding Ahead of Earnings? Broadcom stock fell on Friday as potential semiconductor tariffs sparked fresh supply chain concerns across AI data center infrastructure ahead of its Q3 earnings. 2 min read Read this article Image via Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.

Two U.S. tech giants power Saudi's AI vision

Most AI infrastructure news arrives as a promise: a groundbreaking ceremony, a memorandum of understanding, a target date years out. This one arrived as a status update from a data center that is already turned on. Advanced Micro Devices, Inc. (AMD), Cisco Systems (CSCO) and Saudi Arabia's HUMAIN said on Monday, August 31, that AI computing capacity built around AMD's Instinct MI355X chips and Cisco's networking hardware is now live in the kingdom, serving paying customers rather than sitting on a construction schedule. That distinction matters, because most of the AI buildout headlines investors see this year describe plans and promises, not production. The infrastructure is live, not just promised The system running in Saudi Arabia combines AMD's Instinct MI355X graphics processors and EPYC server chips with Cisco's Silicon One networking chips and 800G optics, according to a joint statement from the companies. HUMAIN, the AI arm of Saudi Arabia's roughly $1 trillion Public Investment Fund, is using the setup to sell GPU capacity to customers inside and outside the kingdom. That capability did not exist ten months ago. AMD, Cisco and HUMAIN only announced their joint venture in November 2025, when they told Reuters the project had landed its first customer, generative-video startup Luma AI, for an initial 100-megawatt buildout. Moving from announcement to live production workloads in under a year is fast by data center standards. HUMAIN CEO Tareq Amin said the milestone "demonstrates HUMAIN's ability to build, operate and deliver advanced AI infrastructure at scale." A second phase of up to 250 megawatts, using AMD's newer Instinct MI400 series chips, is due to begin deployment in 2027, with the joint venture still targeting up 1 gigawatt of capacity by 2030. Erik Isakson / Getty Images Saudi's chip supply still needs Washington's yes The bigger story is what Monday's announcement does not mention: every future chip shipment still depends on individual U.S. export approval, so in a way, they need Washington's "YES". Washington authorized HUMAIN to buy the equivalent of up to 35,000 Nvidia Blackwell chips back in November 2025, but that clearance came case by case, not as standing policy, according to the Commerce Department. That gap widened in July 2026, when the Commerce Department moved the United Arab Emirates into Country Group A:5, the top tier of U.S. export trust, letting approved Emirati firms buy advanced AI chips without individual licenses. Saudi Arabia was left out of that reclassification, according to a Reuters report. That is a real risk for a venture planning to scale tenfold by 2027. HUMAIN's current buildout runs on chips already cleared, but the next 250 megawatts will need fresh sign-off from a licensing regime that still treats Riyadh more cautiously than Abu Dhabi. AMD and Cisco stock: what the numbers really show * Data center revenue hit $5.8 billion in the first quarter and accelerated to $6.7 billion in the second quarter, up 107% year-over-year. However, despite strong demand for AMD's EPYC processors and Instinct GPUs, it still trails Nvidia's roughly $89 billion in second-quarter AI chip revenue by a wide margin. * AMD's stock price has more than doubled over the past year, generating massive gains that successfully carried its market cap toward the $900 billion mark by mid-2026, reflecting investor bets that the company can keep converting deals like HUMAIN's into durable AI market share. * AMD and CSCO showed no clear move tied to Monday's news in premarket trading. * Cisco is leaning on AI-driven networking orders to support its elevated fiscal 2026 revenue guidance, and the HUMAIN buildout gives the company a visible proof point that those orders are turning into working infrastructure. Sovereign AI is becoming a permanent building block What is happening in Saudi Arabia is no longer a one-off. Gulf states are building parallel AI stacks with their own chips, their own data centers and their own licensing terms, and Washington is negotiating each relationship separately rather than setting one regional policy. That approach gives the U.S. leverage over individual deals, but it also means every AI infrastructure story of the Gulf now carries a regulatory subplot investors have to track alongside the engineering. Saudi Arabia's next 250 megawatts will show whether that leverage stays a formality or becomes a genuine bottleneck for investors banking on sovereign AI growth. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc. This story was originally published September 1, 2026 at 6:33 AM.

AMD, Cisco And HUMAIN Plan To Deploy Up To 250 MW Of AI Infrastructure Beginning In 2027 And Remain On Track To Deploy Up To 1 GW Of AI Infrastructure By 2030

AMD, Cisco and HUMAIN planned to deploy up to 250 MW of AI infrastructure powered by AMD Instinct MI400 Series GPUs, AMD EPYC CPUs and AMD ROCm open software, together with Cisco networking and critical infrastructure, through the companies? previously announced joint venture. Deployment was planned to begin in 2027, with capacity expected to start coming online in the second half of the year. This next phase of the companies? previously announced joint venture would significantly expand Saudi Arabia?s AI capacity. Driven by strong customer demand, the joint venture remained on track to deploy up to 1 GW of AI infrastructure by 2030. The collaboration was designed to give governments, enterprises, research institutions and developers access to advanced AI capabilities through a platform that brings together open models, open software and locally operated infrastructure. The platform would give customers greater control over where their data resides, how their models are customized, and how their AI systems are deployed and governed. Together, AMD, Cisco and HUMAIN planned to deliver the performance, scale and openness required by AI labs, model providers, enterprises and developers, bringing a new generation of sovereign AI capabilities to Saudi Arabia and the broader global market.

AMD, Cisco and HUMAIN team up on AI infrastructure in Saudi Arabia

The production deployment, powered by AMD Instinct MI355X GPUs, AMD EPYC processors and Cisco's mission-critical networking infrastructure, marks a major milestone in the work led by AMD, Cisco and HUMAIN to build an open, large-scale AI platform in Saudi Arabia, the three partners said. The Cisco N9000 Series platform interconnects the MI355X GPUs within an AI-optimized network designed to deliver scalability, low latency and operational resilience, enabling HUMAIN to offer GPUs as a service across a wide range of use cases, from model training to inference. Building on this foundation, AMD, Cisco and HUMAIN plan to deploy up to 250 MW of AI infrastructure through the previously announced joint venture between the companies. Deployment is expected to begin in 2027, with capacity scheduled to come online in the second half of the year. This next phase of the joint venture is set to significantly expand Saudi Arabia's AI capabilities. Driven by strong customer demand, the joint venture says it remains on track to deploy up to 1 GW of AI infrastructure by 2030.