Meta will take a stake in the chipmaker in exchange for a commitment to buy billions of dollars' worth of AI chips.
Advanced Micro Devices, Inc. is a Buy in my books at the $192 support level, backed by a transformative Meta AI infrastructure deal and strong technical support. The Meta agreement, worth an estimated $100B over five years, validates AMD's MI450 architecture and secures long-term hyperscaler partnerships. AMD's revenue visibility is materially strengthened by Meta, OpenAI, Microsoft, and Oracle deals, positioning it as a credible Nvidia challenger.
Advanced Micro Devices just scored another big AI chip deal, this time with Meta Platforms.
| Semiconductors & Semiconductor Equipment Industry | Information Technology Sector | Lisa T. Su CEO | LSE Exchange | US0079031078 ISIN |
| US Country | 28,000 Employees | - Last Dividend | 22 Aug 2000 Last Split | 15 Oct 1979 IPO Date |
Advanced Micro Devices, Inc. (AMD) stands as a global semiconductor company, distinguishing itself through its operations across several key sectors: Data Center, Client, Gaming, and Embedded. With a comprehensive portfolio that includes x86 microprocessors, graphics processing units (GPUs), system-on-chip (SoC) solutions, and an array of development services and technologies, AMD caters to a diverse clientele. This includes original equipment and design manufacturers, public cloud service providers, and independent distributors. Since its incorporation in 1969, AMD has established its headquarters in Santa Clara, California, reflecting the company’s enduring commitment to innovation and excellence in the semiconductor industry.
AMD’s expansive product line is designed to meet the increasing demands of modern technology applications, ranging from consumer computing to professional data centers. Here is an overview of its key offerings:
AMD serves its varied product portfolio to a global clientele through a composite of direct sales forces and sales representatives, highlighting the company's wide-reaching impact on modern computing, gaming, data centers, and embedded technologies.