Meta Announces Major AI Chips Deal With AMD—Months After Chipmaker’s Similar Move With OpenAI

The deal would also give Meta a warrant to acquire up to 10% of AMD’s shares as the Facebook parent company purchases computing power.

Meta and AMD agree to AI chips deal worth more than $100 billion

The deal could result in Meta owning as much as 10% of AMD’s stock as the chipmaker seeks to challenge Nvidia.
24/7 Wall St.

Meta Just Handed AMD a Deal That Should Terrify Nvidia

Meta Platforms (NASDAQ:META | META Price Prediction) has struck a multiyear deal with Advanced Micro Devices (NASDAQ:AMD) to deploy up to 6 gigawatts of AMD GPUs and AI-optimized CPUs across its AI data centers,