AMD (AMD) and Tata Consultancy Services (TCS.NS) have expanded strategic collaboration. TCS, through its subsidiary HyperVault AI Data Center, and AMD will codevelop a rack-scale AI infrastructure design based on the AMD Helios platform in support of India's AI initiatives. Helios is purpose-built to deliver a rack-scale AI platform supporting sovereign AI factories.
The companies will offer an AI-ready data center blueprint supporting up to 200 MW of capacity and will work with hyperscalers and AI companies to accelerate data center build-outs in India.
At last close, AMD shares were trading at $207.32.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.