California, May 21 -- American tech giant AMD will invest $10 billion in Taiwan to expand strategic partnerships and scale advanced packaging manufacturing for next-generation AI infrastructure.

"As AI adoption accelerates, our global customers are rapidly scaling AI infrastructure to meet growing compute demand," AMD CEO Lisa Su said.

The move comes at a time when the global AI war is heating up and companies are vying to stay ahead of competition. AMD saw its shares double this year riding on the AI boom as it takes on its rival Nvidia, which reported blockbuster earnings on Wednesday.

Working with Taiwanese strategic partners, AMD plans to advance leading-edge silicon, packaging and manufacturing technologies to enable high performa...