AMD shares jump 13% after Google Cloud taps EPYC chips for TPU 8tx

Google Cloud picked AMD's fifth-generation EPYC processors to host its new TPU 8tx AI system, and investors liked what they heard Advanced Micro Devices shares climbed just over 13% on Monday. The move followed AMD’s announcement that its fifth-generation EPYC processors will power Google Cloud’s TPU 8tx system for AI. The stock reportedly closed at around $508.58, a gain of 13.26% on the session. What AMD and Google Cloud announced The announcement landed on November 9, 2026. AMD’s fifth-generation EPYC server chips, built on the Turin/Zen 5 architecture, will serve as the host infrastructure for Google Cloud’s new TPU 8tx system. TPUs, or Tensor Processing Units, are Google’s own AI accelerators. They handle the heavy math behind training and running AI models. Accelerators need a host processor to manage data, coordinate jobs, and keep the whole system humming. That host role is the one AMD just secured inside one of Google Cloud’s flagship AI systems. The TPU 8tx marks the first deployment of a cloud TPU with hardware-enforced confidential computing. That capability comes from AMD’s Secure Encrypted Virtualization, or SEV. SEV is designed to keep a customer’s workload walled of...