tech
February 24, 2026
AMD forges $100 billion deal with Meta for AI chips.
After buying millions of Nvidia’s AI chips last week, Meta has now also signed a multi-year agreement to buy six gigawatts worth of AMD processors for AI data centers. The deal could see Meta owning 10 percent of AMD’s stock, and follows a similar agreement between AMD and OpenAI.

TL;DR
- Meta signed a multi-year agreement for AMD processors.
- The processors are for Meta's AI data centers.
- Meta recently purchased millions of Nvidia AI chips.
- The deal could result in Meta owning 10 percent of AMD's stock.
- AMD also has a similar agreement with OpenAI.
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