Advanced Micro Devices, Inc. (AMD)
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, according to a CNBC report published February 24, 2026.
Meta Inks AI Agreement With Chipmaker AMD
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.
AMD Just Won Another Massive AI Chip Deal. Its Stock Is Soaring.
Advanced Micro Devices just scored another big AI chip deal, this time with Meta Platforms.
Meta Announces Major AI Chips Deal With AMD—Months After Chipmaker's Similar Move With OpenAI
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.
5 Things to Know Before the Stock Market Opens
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.
AMD shares jump 10% pre-market as Meta agrees to deploy up to 6 gigawatts of its AI chips
The multi-year, multi-generation deal hands AMD its most significant validation yet in the race to challenge Nvidia's dominance of the AI infrastructure market Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD) investors have been waiting for a deal of this magnitude. Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) agreement to deploy up to 6 gigawatts of AMD Instinct GPUs across multiple generations of hardware sent the chipmaker's shares up 10% before the opening bell on Tuesday, a move that reflects how consequential the partnership is for AMD's standing in the AI infrastructure race.
AMD's stock rockets as Meta deal serves as major validation point for investors
As Meta looks to diversify beyond Nvidia, it's making a big bet on AMD chips and obtaining a chance to invest in the company.
Meta and AMD just announced another blockbuster chip deal
Meta has agreed to buy 6 gigawatts' worth of AMD's AI chips. It comes after Meta recently agreed to a separate chip deal with Nvidia.
AMD clinches second mega chip supply deal, this time with Meta
Advanced Micro Devices said on Tuesday it has agreed to sell up to $60 billion worth of artificial intelligence chips to Meta Platforms over five years in a deal that allows the Facebook owner to purchase as much as 10% of the chip firm.
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.
AMD Vs. NVIDIA: Which AI Stock Is The Better Buy For 2026?
Advanced Micro Devices dropped -20% over the last month. You might feel inclined to purchase more, or you may wish to decrease your investment exposure.
Tech giants commit billions to Indian AI as New Delhi pushes for superpower status
The India AI Impact Summit is a major tech event in the country and drew a host of prominent tech and world leaders to New Delhi. U.S. tech companies made moves to deepen ties with India's tech ecosystem.
