Meta to Purchase AI Chips from AMD in Major Deal
AP, Feb 25, 2026, New York: 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 per cent stake of the chip company.
Meta will buy AMD's latest chips, the MI450, to help power data centres. The 6-gw agreement will see shipments supporting the first gw deployment set to start during the second half of this year.
The agreement could potentially be worth more than USD 100 billion. Shares of AMD jumped more than nine per cent before the market opened on Tuesday.
0 Response to "Meta to Purchase AI Chips from AMD in Major Deal"
Post a Comment
Disclaimer Note:
The views expressed in the articles published here are solely those of the author and do not necessarily reflect the official policy, position, or perspective of Kalimpong News or KalimNews. Kalimpong News and KalimNews disclaim all liability for the published or posted articles, news, and information and assume no responsibility for the accuracy or validity of the content.
Kalimpong News is a non-profit online news platform managed by KalimNews and operated under the Kalimpong Press Club.
Comment Policy:
We encourage respectful and constructive discussions. Please ensure decency while commenting and register with your email ID to participate.
Note: only a member of this blog may post a comment.