Overview
- AMD will purchase $150 million of Nutanix stock at $36.26 per share and commit up to $100 million for joint engineering and go-to-market work.
- The collaboration aims to deliver an open, full-stack infrastructure optimized for enterprise inference and agentic AI across on-prem, cloud, and edge environments.
- Nutanix will add support for AMD accelerators while continuing to offer Nvidia-based solutions, reflecting a multi-vendor approach.
- The first jointly developed platform is planned for late 2026 with initial revenue expected in 2027, and the equity investment is slated to close in Q2 2026 pending approvals.
- Nutanix reported FY2026 Q2 revenue of $723 million and ARR of $2.36 billion as shares jumped nearly 20% after hours, while the company warned that CPU and memory shortages are extending server lead times and pressuring full-year guidance.