AMD agrees to sell up to $60 billion in AI chips to Meta over five years

ca.finance.yahoo.com

AMD will sell up to $60 billion in AI chips to Meta over five years, allowing Meta to purchase up to 10% of the chip firm. This deal includes AMD supplying six gigawatts of chips, starting with its MI450 hardware, and Meta also plans to buy customized central processors. The agreement is part of a broader trend of major tech firms investing billions in AI infrastructure due to booming demand.


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