AMD shares surge 14% after Google and Twitter say they're using the chipmaker's new processor

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AMD launched its new data center chip for high-performance computing on Wednesday, and customers include Google and Twitter.

At an event in San Francisco on Wednesday afternoon, AMD announced the launch of the second generation of its EPYC chips designed for high-performance uses like in the cloud or inside large enterprises. It's a business dominated by, which controls about 98% of the market, but where AMD is looking to rapidly expand. According to a recent report from Atlantic Equities, AMD's share of the data center market should grow to 25% in a decade from 2% last year.

Google said that it's deployed the upgraded EPYC processors internally and next year will add them to its cloud engine that's used by other companies to run workloads. Twitter announced that, because of the power reductions that come with the new chips, it plans to reduce costs related to data center infrastructure by 25%.

"Twitter is committed to reducing our environmental impact of our datacenters by finding innovative ways to increase efficiency," Jennifer Fraser, senior director of engineering at Twitter, said in the . With the EPYC processors, "we can scale out our compute clusters with more cores in less space using less power," she said.

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