Meta agrees multibillion-dollar chip deal with AMD
Financial Times
February 24, 2026
AI-Generated Deep Dive Summary
Meta has struck a multibillion-dollar deal with AMD, a leading chipmaker, in a landmark agreement that includes both financial investment and technology collaboration. The deal is valued at over $40 billion and involves Meta acquiring an equity stake in AMD as well as accessing a credit facility. This partnership underscores the growing importance of semiconductors in driving innovation across tech industries, particularly for companies like Meta, which relies heavily on advanced hardware to power its AI initiatives and social media platforms.
AMD's position as a key player in the chip industry makes this deal significant. The collaboration is expected to bolster AMD's reputation and market influence, potentially attracting further investments and partnerships. For Meta, the deal represents a strategic move to secure cutting-edge technology that will support its ambitious projects, including advancements in artificial intelligence and the development of hardware for its metaverse platform.
The agreement also highlights the competitive landscape of the tech sector, where major players are increasingly turning to strategic alliances to maintain technological superiority. By investing in AMD, Meta is positioning itself at the forefront of semiconductor innovation, which is critical for enhancing performance across its platforms. This deal not only strengthens
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Originally published on Financial Times on 2/24/2026