Rosenblatt Securities chip analyst Hans Mosesmann this evening published a note to clients regarding the report this afternoon from CNBC stating that Tesla Motors (TSLA) is using technology from Advanced Micro Devices (AMD) to make a special "A.I." chip for self-driving, which Mosesmann views as a "game changer".
AMD has reportedly already sent Tesla early samples of the new semi-custom chip, with testing already underway.
AMD spin-off GlobalFoundries Inc Chief Executive Sanjay Jha said his company is working directly with Tesla, according to the CNBC report. Previously, it worked with Israel-based Mobileye, which was subsequently acquired by Intel. Understandably AMD shares have risen significantly in afterhours trading.
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The sources go on to state that more than 50 individuals are part of the team working on this project under Tesla's head of autopilot hardware and software Jim Keller; he joined the company early previous year. Keller, 57, joined Tesla in early 2016 following two stints at AMD and one at Apple.
Tesla CEO Elon Musk.Ben Macmahon/AAP ImageTesla is taking steps to decrease its reliance on Nvidia, which has supplied the electric automaker with the graphic processing units powering Tesla's Autopilot and future self-driving system. Tesla has brought on several AMD veterans after hiring Keller, including director Ganesh Venkataramanan, principal hardware engineer Bill McGee and system circuit design lead Dan Bailey.
The spokesperson for GlobalFoundries said that Jha's comments at the GlobalFoundries Technology Conference were not reported accurately. Chipzilla recently announced a partnership with Alphabet's Waymo to build fully self-driving cars.