Intel and Advanced Micro Devices are finalizing multi-year purchase agreements with Chinese server manufacturers for data-center processors, according to two people familiar with the negotiations.

The deals come as pricing for server chips surges amid intense competition for capacity in the artificial intelligence infrastructure build-out.

The move underscores the resilience of demand for central processing units (CPUs) in the data-center market, even as geopolitical tensions between the US and China persist.

By securing long-term commitments, the chipmakers are locking in revenue visibility and stabilizing supply chains for their high-performance computing products.

This strategy aligns with broader industry trends where hyperscale cloud providers and server OEMs are prioritizing supply certainty over short-term cost optimization.

Shares of AMD and Intel have seen renewed interest from investors as analysts highlight the growing importance of CPU demand alongside graphics processing unit (GPU) growth.