- 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 Big Tech companies.
Meta has agreed to buy 6 gigawatts’ worth of AMD’s artificial intelligence chips, the companies said on Tuesday.
The social network giant, which just doubled down on its partnership with Nvidia, said it was entering a multi-year agreement with AMD to support its AI infrastructure buildout.
AMD’s stock was up nearly 12% premarket following the announcement.
“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.
