Latham & Watkins Advises AMD in Eliyan Corporation’s US$50 Million Strategic Investment Round

Eliyan Corporation, a leader in high-performance connectivity products and technology for AI and high-performance computing systems, has announced that it has secured US$50 million in strategic investments from major players across the AI and compute ecosystem, including AMD, Arm, Coherent, and Meta. Existing strategic investors Samsung Catalyst Fund and Intel Capital also participated in the round. Proceeds from the round will be used to accelerate manufacturing and qualification of Eliyan’s next generation interconnect IP and chiplet products, expand ecosystem partnerships, and support deployment across AI infrastructure, high-performance computing, and edge applications.

Latham & Watkins LLP represented AMD in the transaction with a corporate deal team led by Bay Area partner Tad Freese and Orange County/Bay Area partner Nima Movahedi, with associates Christopher Siino and Chloe Wallace.