Meta may trade AI chips for shares in its latest AMD deal

Engadget
By Steve DentFeb 24, 2026, 8:42 am332 ptsTop
Meta has struck a deal with AMD to buy up to six gigawatts worth of AI chips, both companies announced. The agreement is structured in a way that could see AMD issue Meta up to 160 million shares of its common stock provided GPU shipment milestones are achieved — meaning Meta could own up to 10 percent of AMD…

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