AMD to guarantee 300 million dollar loan for Crusoe AI chip purchase
Advanced Micro Devices plans to backstop a 300 million dollar loan for startup Crusoe. The funds will support the purchase of AI chips for an Ohio data center.
Insights:
Advanced Micro Devices, Inc. announced today, February 19, 2026, that it will provide a $300 million loan guarantee for the startup Crusoe. This financial arrangement is intended to facilitate Crusoe’s purchase of AMD artificial intelligence chips and their subsequent deployment in a data center located in Ohio, US 
US. The move, which was reported by The Information, represents a material financial backstop by the semiconductor manufacturer to support the immediate acquisition of its hardware.
US. The move, which was reported by The Information, represents a material financial backstop by the semiconductor manufacturer to support the immediate acquisition of its hardware.
