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Meta and AMD Announce Multibillion-Dollar AI Chip Deal
Meta will take a 10% stake in AMD in exchange for buying billions in AI-focused GPUs.
Published on Feb. 24, 2026
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Meta and AMD have announced a multi-year partnership where Meta will purchase up to 6 gigawatts of AMD's Instinct AI-focused GPUs to power its AI ambitions across platforms like Facebook and Instagram. As part of the deal, Meta will also take a 10% stake in AMD.
Why it matters
This deal signals the intensifying race among tech giants to secure the hardware needed to support their growing AI initiatives. It also highlights the supply chain challenges and rising costs for key computing components that consumers may start to see reflected in the prices of various tech products.
The details
Under the agreement, Meta will purchase billions of dollars' worth of AMD's Instinct GPUs, which are designed for AI workloads. The deal will provide Meta with up to 6 gigawatts of GPU computing power to support its AI models and applications across its platforms. In exchange, Meta will take a 10% ownership stake in AMD.
- The partnership was announced on February 24, 2026.
The players
Meta
The parent company of social media platforms like Facebook, Instagram, and WhatsApp, which is making major investments in artificial intelligence.
AMD
A semiconductor company that designs and manufactures computer processors and graphics processing units, including its Instinct line of AI-focused GPUs.
Mark Zuckerberg
The CEO of Meta, which is driving the company's AI ambitions.
Lisa Su
The CEO of AMD, who is expanding the company's partnerships in the AI chip market.
What they’re saying
“We are proud to expand our strategic partnership with Meta as they push the boundaries of AI at unprecedented scale.”
— Lisa Su, CEO, AMD (AMD)
What’s next
The deal is expected to provide Meta with the AI computing power it needs to continue developing and deploying advanced AI models and applications across its platforms.
The takeaway
This partnership highlights the growing importance of AI hardware in the tech industry, as companies race to secure the computing resources needed to power their AI ambitions. Consumers may start to see the impact of these supply chain dynamics reflected in the prices of various tech products.
