AMD

AMD is spending record money on lobbying after decades of absence or near-absence from any form of political contribution and, in our opinions, is now joining the ranks of companies like Micron, NVIDIA, and Palantir in effectively bribing the US government for favorable deregulation, tax incentives, and safety bypasses for AI and data centers. We dig into AMD's millions of spending on Super PACs associated with President Trump, lobbyists, and in general, what we view as anti-consumer and anti-humanity efforts as AMD partners closely with the Federal Government to reduce safety nets around construction and development. Like NVIDIA and Micron, AMD is taking the same path of directly engaging in what we think are, effectively, bribes, while still maintaining an image of being the plucky underdog.