Meta just signed a blockbuster chip deal with AMD, hot off the tail of its Nvidia tie-up
Caroline Brehman / AFP via Getty Images
- Meta has agreed to buy 6 gigawatts' worth of AMD's AI chips.
- It comes after Meta recently agreed to a separate chip deal with Nvidia.
- AMD has also been striking deals with major tech companies, including OpenAI.
Meta hasn't only got eyes for Nvidia — it just signed a big chip deal with AMD.
The social network giant has agreed to purchase 6 gigawatts' worth of AMD's artificial intelligence chips, the companies said on Tuesday.
Meta, which last week doubled down on its partnership with Nvidia, said it was entering a multi-year agreement with AMD to support its AI infrastructure buildout.
It plans to deploy AMD's custom Instinct GPUs, with shipments expected to start in the second half of 2026, the companies said in a joint press release on Tuesday.
AMD's stock was up by as much as nearly 12% premarket following the announcement.
The deal would also allow Meta to purchase up to 10% of AMD's stock, which will vest according to AMD hitting certain shipping milestones, the companies said.
"We're excited to form a long-term partnership with AMD to deploy efficient inference compute and deliver personal superintelligence," Meta CEO Mark Zuckerberg said in a statement.
It's the latest mega-chip deal struck by AMD, with the company agreeing to a multi-year deal to provide its AI chips to OpenAI in October.
This story is developing. Come back for updates.