Market Chatter: Advanced Micro Devices to Power Scaleway's AI Supercomputer in Sweden

07:51 AM EDT, 10/13/2026 (MT Newswires) -- Advanced Micro Devices (AMD) will supply Instinct MI355X chips for a new AI supercomputer that French cloud provider Scaleway plans to build in Sweden, its first facility outside France, Reuters reported Tuesday. Scaleway said the supercomputer will be Europe's first commercial AMD-based system, serving startups and businesses across the continent. Sweden was chosen for its low-carbon power supply and expanding AI sector, according to the report. Bull will assemble and maintain the supercomputer, with hardware and infrastructure supplied by Giga Computing, Hewlett Packard Enterprise (HPE), VAST Data and Motul, Reuters added. Advanced Micro Devices and Scaleway didn't immediately reply to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)