AMD (AMD) Gets $12.6M Contract for U.S. DoE FastForward Work
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AMD (NYSE: AMD) was selected for an award of $12.6 million for two research projects associated with the U.S. Department of Energy's (DOE) Extreme-Scale Computing Research and Development Program, known as "FastForward." The DOE award provides up to $9.6 million to AMD for processor-related research and up to $3 million for memory-related research(i). AMD's award-winning AMD Opteron(TM) processor has powered many of the world's largest supercomputers over the past decade and the company invented the world's first and only Accelerated Processing Unit (APU).
FastForward is a jointly funded collaboration between DOE Office of Science, and National Nuclear Security Administration (NNSA) to initiate partnerships with multiple companies to accelerate the research and development of critical technologies needed for extreme scale computing, on the path toward exascale computing. Exascale computing is essentially a grand challenge to provide the next level of computational power required to help ensure the prosperity and security of the United States. The DOE's strategic plan seeks to address the nation's most pressing scientific challenges by advancing simulation-based scientific discovery made possible by the world's highest performing exascale supercomputers.
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FastForward is a jointly funded collaboration between DOE Office of Science, and National Nuclear Security Administration (NNSA) to initiate partnerships with multiple companies to accelerate the research and development of critical technologies needed for extreme scale computing, on the path toward exascale computing. Exascale computing is essentially a grand challenge to provide the next level of computational power required to help ensure the prosperity and security of the United States. The DOE's strategic plan seeks to address the nation's most pressing scientific challenges by advancing simulation-based scientific discovery made possible by the world's highest performing exascale supercomputers.
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