Meta signs a potential $100 billion AI chip deal with AMD, securing up to 6 gigawatts of capacity as it diversifies beyond ...

Facebook owner Meta Platforms will buy artificial intelligence chips from Advanced Micro Devices in a deal that will also give it the opportunity to buy up to a 10% stake of the chip company.

The multibillion-dollar deal is AMD’s latest move to catch up to Nvidia in the lucrative world of selling artificial ...

Meta is buying billions of dollars in AMD AI chips in a multiyear deal tied to a 160 million-share warrant, deepening its push to diversify beyond Nvidia and expand data center capacity.

Advanced Micro Devices ( AMD +7.37%) stock surged 6.1% in the first 10 minutes of trading Tuesday (9:40 a.m. ET) after ...

The deal would also give Meta a warrant to acquire up to 10% of AMD’s shares as the Facebook parent company purchases ...

We’re announcing a long-term agreement with AMD to power our AI infrastructure with up to 6GW of AMD Instinct GPUs, helping ...

Meta Platforms Inc. will deploy 6 gigawatts’ worth of data center gear based on processors from Advanced Micro Devices Inc., ...

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 ...