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

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

The chip designer's stock rose impressively following the announcement of the latest deal with Meta.

AMD gains nearly 2% amid renewed interest in AI-linked semiconductors. ARK Invest buys 30,139 AMD shares worth about $6.1M. Purchase part of $14M in megacap AI stock buys, including Broadcom.

After purchasing ATI, AMD became the primary competition for both Intel and NVIDIA, and honestly the relatively small company has held its own against these juggernauts admirably by carving out niches ...