International Companies

Meta to buy up to $60bn of AMD's AI chips

By Benjamin Chiou

Date: Tuesday 24 Feb 2026

(Sharecast News) - Meta Platforms is to buy up to $60bn of AI chips from Advanced Micro Devices in a five-year deal that could see the social network giant take a 10% stake in the semiconductor company.
The California-based firms jointly announced a 6-gigawatt agreement to power Meta's next generation of...

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