Washington, United States, Feb 24, 2026 (AFP) - Meta, AMD agree to major chips deal

NAMPA / AFP

2026-02-24

American tech giant Meta has reached an agreement to purchase millions of chips from processor manufacturer AMD, in which it could become a shareholder, the two companies announced Tuesday. AMD has committed to supplying Meta with up to 6 gigawatts worth of graphics processing units (GPUs), chips fundamental to powering artificial intelligence. AMD's stock jumped 12 percent in pre-market trading on Wall Street. In addition, AMD issued Meta, whic......

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