Meta Strikes Up to $100B AMD Chip Deal for AI Push

Meta is making a monumental bet on AI hardware, signing a multiyear deal with AMD that could be worth up to $100 billion. The agreement includes a massive purchase of AMD's upcoming AI accelerators and a warrant for Meta to buy 160 million shares of AMD stock. This historic deal is a cornerstone of Meta's strategy to diversify its AI infrastructure away from near-total reliance on NVIDIA. As the company pours billions into developing advanced AI for its social platforms, advertising systems, an