Home Business Meta Signs Long-Term AI Chip Deal With AMD
BusinessCompanies

Meta Signs Long-Term AI Chip Deal With AMD

Share
meta-signs-long-term-ai-chip-deal-with-amd
Meta Signs Long-Term AI Chip Deal With AMD
Share

The agreement covers up to 6 gigawatts of AI GPUs and includes performance-based stock warrant. Teenagers pose for a photo while holding smartphones in front of a Meta logo in this illustration taken Sept. 11, 2025. Dado Ruvic/Reuters2/24/2026|Updated: 2/24/2026Meta Platforms said on Feb. 24 it had signed a multi-year agreement with Advanced Micro Devices (AMD) to expand its artificial intelligence computing capacity, as the social media company accelerates investment in next-generation AI infrastructure.The deal will provide Meta with up to 6 gigawatts of AMD Instinct graphics processing units (GPUs), chips designed to power AI training and inference workloads.

Share
Related Articles
usda-unveils-new-support-for-ranchers-to-rebuild-cattle-herds
BusinessEconomyUSUS News

USDA Unveils New Support for Ranchers to Rebuild Cattle Herds

The U.S. Department of Agriculture has unveiled a new package of measures...

how-major-us-stock-indexes-fared-aug.-31
BrightBusinessInvestingMarketsPersonal FinanceStocks

How Major US Stock Indexes Fared Aug. 31

Oil prices rose and U.S. stocks fell after American forces struck Iranian...

trump-unveils-new-drug-pricing-deals-with-9-pharmaceutical-companies
BusinessCompaniesExecutive BranchUSUS NewsUS Politics

Trump Unveils New Drug Pricing Deals With 9 Pharmaceutical Companies

President Donald Trump on Aug. 31 announced agreements with nine midsize pharmaceutical...