AMD Stock Rises 4% on $1 Billion Meta Investment and AI Partnership Expansion

invezz.com (Swedish) — October 27, 2026 at 04:01 PM UTC

AMD's stock rose over 4% on Tuesday after the chipmaker announced a $1 billion investment in Meta's share offering and expanded their partnership to develop AI computing infrastructure. The expanded agreement covers CPUs, GPUs, networking, systems, and software to support Meta's AI workloads. AMD's Helios rack-scale solutions are being tested at Meta, with broader deployment planned. The companies will collaborate on future computing platforms, including AMD's EPYC processors and Instinct GPUs. Analysts are assessing AMD's growth prospects ahead of its third-quarter report on November 3. GF Securities raised its price target to $720, while Bernstein maintained a buy rating with a $650 target.

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