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Meta and AMD Agree to AI Chips Deal Worth More Than $100 Billion
Meta will deploy up to 6 gigawatts of AMD AI chips in a deal valued over $100 billion, receiving warrants to buy 10% of AMD shares as milestones are met.
- 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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Meta to buy AMD's MI450 AI chips in deal worth over $100 billion
Meta Platforms will purchase artificial intelligence chips from Advanced Micro Devices (AMD) in a deal that also gives it the opportunity to acquire up to a 10 per cent stake in the chipmaker. Meta will buy AMD’s latest AI chips, the MI450, to help power its data centres. The 6-gigawatt agreement will support large-scale AI infrastructure expansion, with shipments for the first gigawatt deployment set to begin in the second half of this year. Th…
·India
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Meta can rise to 10% of the microprocessor manufacturer. Nvidia challenge in the silicon market. Zuckerberg:
·Italy
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Total News Sources134
Leaning Left19Leaning Right11Center37Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 28%
C 55%
R 17%
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