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.
"So no question Mark is very, very ambitious in what he wants to accomplish," Su said.
Advanced Micro Devices, Inc. (AMD) Discusses Expanded AI Partnership with Meta and Multi-Year GPU Deployment Agreement Transcript
Advanced Micro Devices (NASDAQ: AMD) shares surged on Tuesday after the chipmaker unveiled a major multi-year artificial intelligence (AI) partnership with Meta Platforms (NASDAQ: META).
The race to the top of the AI sector continues, with Advanced Micro Devices Inc (NASDAQ:AMD) unveiling an expanded partnership with Meta Platforms (META).
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, according to a CNBC report published February 24, 2026.
Meta has signed an AI infrastructure agreement with chipmaker AMD. The deal, announced Tuesday (Feb. 24), will see AMD supply up to 6GW of its Instinct GPUs to help Meta support its artificial intelligence (AI) models.
Advanced Micro Devices just scored another big AI chip deal, this time with Meta Platforms.
Meta announced a massive deal with AMD on Tuesday, which would see the social media giant agree to purchase six gigawatts of processors for AI from the semiconductor manufacturer and possibly acquire stock worth up to 10% of the company—very similar to a deal AMD struck with OpenAI last October.
Stock futures are slightly higher this morning after major market indexes plunged yesterday amid tariff uncertainty and concerns related to artificial intelligence; the Trump administration is considering enacting national security tariffs on a handful of industries in response to last week's Supreme Court ruling striking down import levies; AMD shares are soaring after the chip giant struck an AI deal with Meta Platforms; Shares of Home Depot are rising after the retailer posted quarterly results that beat analysts' estimates; and President Donald Trump is expected to focus on the economy and affordability in tonight's State of the Union address. Here's what you need to know today.