Meta to Spend Billions of Dollars on AMD Gear, Buy Stock (4)

Meta Platforms Inc. will deploy 6 gigawatts’ worth of data center gear based on processors from Advanced Micro Devices Inc., a blockbuster deal that marks a win for the chipmaker’s attempts to catch up with Nvidia Corp.

Meta will buy AMD chips and computers designed to run artificial intelligence models over a five-year stretch, beginning in the second half of 2026. The series of transactions will be worth “double-digit billions” of dollars per gigawatt, according to AMD Chief Executive Officer Lisa Su, who declined to be more specific about the value of the transaction.

AMD head Lisa Su sees Meta spending “double-digit billions” of dollars per gigawatt in the companies’ new deal.

Photographer: Bridget Bennett/Bloomberg

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