The deal would also give Meta a warrant to acquire up to 10% of AMD’s shares as the Facebook parent company purchases ...

Is AMD giving away the store?

Meta signs a potential $100 billion AI chip deal with AMD, securing up to 6 gigawatts of capacity as it diversifies beyond ...

Meta is buying billions of dollars in AMD AI chips in a multiyear deal tied to a 160 million-share warrant, deepening its push to diversify beyond Nvidia and expand data center capacity.

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% stake of the chip company ...

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% stake of the chip company.

Meta will take a stake in the chipmaker in exchange for a commitment to buy billions of dollars' worth of AI chips.

The deal will see Meta, which also owns Instagram and WhatsApp, snap up a 10% shareholding in the US semiconductor company.

AMD and Meta announced a partnership to grow Meta's AI infrastructure with the use of AMD's Instinct graphics processor chips beginning this year.

After buying millions of Nvidia’s AI chips last week, Meta has now also signed a multi-year agreement to buy six gigawatts worth of AMD processors for AI data centers. The deal could see Meta owning ...

AMD CEO Lisa Su told CNBC in an interview Tuesday that she doesn't see AI's rise wiping out the need for human workers.

If you are looking at ATI and wondering whether the current share price really reflects the company’s underlying value, you are not alone. The stock last closed at US$159.27, with returns of 10.7% ...