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BREAKING: $META STRIKES $100B AI CHIP MEGA-DEAL WITH AMD
$Meta Platforms has agreed to purchase over $100 billion in AI computing capacity from AMD, securing up to 6 gigawatts over five years and potentially taking a ~10% stake in the chipmaker.
The agreement includes custom AI chips and stock warrants tied to AMD’s future share price performance, deepening the strategic alignment between the two companies.
The deal significantly boosts AMD’s competitive position against Nvidia in the red-hot AI semiconductor race.