Not that surprising, they've been sponsoring Ferrari for several seasons before and now that the company is starting to gain momentum and turn profit they return to it. They were absent from Ferrari (at least visible logos on car) 2014-2017New for the 2018 thread ....
AMD Sponsor of Scuderia Ferrari Formula 1 Team This Year
Scuderia Ferrari revealed its F1 car for the new 2018 season; the SF71H shines all bright and not surprisingly, in Ferrari red. The PC aficionado might have noticed something at the lower nose-cone of the of the car, there is an AMD logo present.