Intel Corp (INTC  ) and Advanced Micro Devices, Inc (AMD  ) have joined forces to create an x86 Ecosystem Advisory Group.

The x86 architecture, the most widely used computing platform globally, has powered data centers and PCs for over 40 years.

The x86 family of processors, known as central processing units (CPUs), was initially developed by Intel.

In the third quarter of 2024, Intel processors accounted for 63% of all x86 CPU tests, while AMD processors made up 33%, as per Statista. This new initiative aims to enhance compatibility, simplify software development, and expand the x86 ecosystem to meet evolving customer needs.

According to the group, the x86 platform will play a crucial role in addressing the demands of emerging technologies like AI, custom chiplets, and advancements in system architecture.

Pat Gelsinger, CEO of Intel, emphasized the significance of this collaboration, noting that x86 architecture is at a pivotal point, with new levels of customization and scalability required to meet evolving demands. Lisa Su, CEO of AMD, echoed the sentiment, saying the advisory group would ensure the continued evolution of x86 architecture to meet customer and developer needs.

Major tech companies like Broadcom Inc (AVGO  ), Microsoft Corp (MSFT  ), and Alphabet Inc (GOOG  ) (GOOGL  ) Google Cloud have already expressed their support and excitement for the initiative.

The x86 processor has become the dominant platform for laptops, desktops, and servers worldwide. Both Windows and Mac laptops have relied on x86 chips.

Before adopting Intel's x86 architecture in 2006, Apple Inc (AAPL  ) used PowerPC microprocessors for its Mac line. However, in 2020, Apple announced a shift from Intel CPUs to Arm Holdings plc (ARM  ) -based processors for its Mac products, aiming to unify the architecture across iPhone, iPad, and Mac devices.

Price Actions: AMD stock traded higher by 0.15% at $156.87 at the last check on Wednesday. INTC stock traded lower by 3.15% at $21.95.