Recently, Advanced Micro Devices Inc. experienced a cyber attack that allowed hackers to access restricted information. Despite this breach, AMD confirmed that no business-critical information was stolen and the second-largest maker of computer processors launched an investigation.
Santa Clara-based AMD is Nvidia Corp.’s key competitor in the development of advanced artificial intelligence accelerators. Its technological expertise and proprietary information make it a valuable target for cyberattacks. AMD has stated that a small amount of information related to the specifications used in the assembly of certain products was accessed on a third-party site. However, the company does not expect this breach to have a significant impact on its business or operations.
Moving forward, AMD will continue to monitor the situation and take necessary precautions to ensure the security of its systems and information. The company remains committed to protecting its technology and intellectual property from cyber threats in order to maintain its competitive edge in the marketplace.