Meta to exchange AI chips for shares in AMD deal

Meta has entered a deal with AMD to acquire up to six gigawatts of AI chips, potentially allowing Meta to gain up to a 10 percent stake in AMD through stock shares tied to GPU shipment milestones. The partnership includes the deployment of AMD’s Instinct MI450 GPUs and millions of EPYC CPUs, with the first gigawatt expected in 2026. This collaboration highlights a strategic shift among AI companies to diversify away from reliance on NVIDIA for chip supplies.

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