Advanced Micro Devices said on Thursday it would invest more than $10 billion in Taiwan's AI sector to deepen strategic partnerships and boost its capacity to build and assemble advanced AI chips. Analysts and investors see AMD as a leading challenger to Nvidia's dominance in the AI chip market. Here are some details: • The U.S. chipmaker said it will collaborate with Taiwanese chip packaging and testing provider ASE and its unit SPIL to develop more power-efficient technology for AI systems and processors. • The new power-efficient technology will support AMD's Venice CPUs, which are being built on Taiwan Semiconductor Manufacturing Co's (TSMC) advanced 2 nanometer process technology.