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

Advanced Micro Devices (AMD) and Meta have entered into a multi-year agreement to deploy up to 6 gigawatts of AMD Instinct ...

Advanced Micro Devices stock surged 9% in premarket trading Tuesday after the chip maker agreed to a long-term deal with Meta Platforms.

AMD has also issued Meta a warrant to purchase up to 160 million shares of its common stock, which would vest when GPU shipments hit certain milestones. The first tranche of shares will vest with the ...

Advanced Micro Devices AMD and Meta Platforms META announced an expanded strategic partnership wherein Meta may deploy up to ...

That's the value of the deal Advanced Micro Devices and Meta Platforms unveiled this morning, which will see the Facebook owner buy 6 gigawatts’ worth of AI computing power. The deal could result in ...

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.

Meta will buy AMD’s latest chips, the MI450, to help power data centers. The 6-gigawatt agreement will see shipments supporting the first gigawatt deployment set to start during the second half of ...

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

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% ...

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

We’re announcing a long-term agreement with AMD to power our AI infrastructure with up to 6GW of AMD Instinct GPUs, helping ...