Meta and AMD Agree to AI Chips Deal Worth More Than $100 Billion
Meta will deploy up to 6 gigawatts of AMD GPUs and AI-optimized CPUs in 30 data centers to expand AI capacity amid intense competition and compute constraints.
- Meta signed a multiyear deal on Tuesday to deploy up to 6 gigawatts of Advanced Micro Devices GPUs and AI-optimized CPUs in its AI data centers.
- Amid a costly AI expansion, Meta committed to up to $135 billion in capex last month, following a deal to diversify suppliers with AMD amid a global AI race.
- Early shipments of MI450 GPUs in AMD's Helios rack-scale servers will begin later this year, and analysts said the first deployment uses customized GPUs, a key distinction from Meta's Nvidia pact.
- Nvidia, with a $4.66 trillion valuation and roughly 90% market share, shapes the stakes, while Bajarin said `We don't have any indication Nvidia is doing that`.
- Meta plans 30 data centers including 26 in the U.S. and pursues in-house processors while discussing Google tensor processing units for 2027, with Nvidia quarterly earnings on Wednesday in focus.
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Facebook owner Meta to buy AI chips from AMD in deal worth up to $100 billion
By MICHELLE CHAPMAN, AP Business Writer 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. News of the AMD deal comes just days after Meta announced a long-term partnership where it will use millions of chips and other equipment from Nvidia for its artificial-intelligence data centers. Related Articles …
Meta Announces Major Chips-for-Stock Deal With AMD
Meta said on Tuesday that it would purchase billions of dollars worth of semiconductors from Advanced Micro Devices to develop artificial intelligence technologies and power new data centers. As part of the multiyear deal, Meta is buying a volume of chips equivalent to up to six gigawatts of electricity, enough to power more than five million homes. The social media giant can also take a financial stake of up to 10 percent of the chip developer,…
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