AMD Jumped 5% and Is Closing In on $1 Trillion Again
4 Articles
4 Articles
US chipmaker AMD will invest $1 billion in a share offering in Meta Platforms, the company announced on Tuesday (October 27). The move deepens the chipmaker’s partnership with the Facebook owner to help expand its artificial intelligence infrastructure. AMD also said its Helios computing systems are now […]
Meta announced a major AI infrastructure partnership with Nvidia and AMD, including a $4 billion stock purchase. The article "Nvidia and AMD Invest $4 Billion in Meta Shares" first appeared on TechInside.
Nvidia, AMD to buy $4B in Meta shares as part of expanded chip partnerships
Meta Platforms Inc. today announced that Nvidia Corp. and Advanced Micro Devices Inc. plan to buy $4 billion worth of its shares. The chipmakers will purchase the equity as part of an up to $95 billion stock sale that the Facebook parent intends to kick off in the near future. The fundraising initiative will also […] The post Nvidia, AMD to buy $4B in Meta shares as part of expanded chip partnerships appeared first on SiliconANGLE.
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