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MICHELLE CHAPMAN
Tue, February 24, 2026 astatine 7:25 AM CST 1 min read
Facebook proprietor Meta Platforms volition bargain artificial quality chips from Advanced Micro Devices successful a woody that volition besides springiness it the accidental to bargain up to a 10% involvement of the spot company.
Meta volition bargain AMD's latest chips, the MI450, to assistance powerfulness information centers. The 6-gigawatt statement volition spot shipments supporting the archetypal gigawatt deployment acceptable to commencement during the 2nd fractional of this year. The statement could perchance beryllium worthy much than $100 billion.
Shares of AMD jumped much than 9% earlier the marketplace unfastened connected Tuesday.
The companies said that AMD issued Meta a performance-based warrant for up to 160 cardinal shares of its communal banal astatine $0.01 a piece, structured to vest arsenic agelong arsenic definite milestones are achieved.
The archetypal tranche vests with the archetypal 1-gigawatt of shipments, with further tranches vesting arsenic Meta’s purchases standard to 6 gigawatts.
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