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AMD will invest $1B in Meta through a fresh share issuance to strengthen its role in the company's AI data centers as part of an expanded collaboration to build "superintelligence infrastructure," including the deployment of AMD's Helios rack-scale systems.
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Key sources
- SUPPORT@wallstengine“Meta plans to deploy a custom MI450-based Instinct GPU optimized for its workloads and is a lead customer for AMD's 6th Gen EPYC processors.”x.com
- SOURCE@firstsquawk“AMD TO INVEST $1B IN META EQUITY OFFERING”x.com
- SOURCE@deitaone“AMD AND META ADVANCE STRATEGIC PARTNERSHIP TO POWER META’S SUPERINTELLIGENCE INFRASTRUCTURE”x.com
- SOURCE@stocksavvyshay“AMD's EPYC CPUs already power Muse while Meta is also developing custom Instinct GPUs with AMD”x.com
- SUPPORT@negligible_cap“Zuck invests in Lisa, Lisa then turns around and invests in Zuck”x.com
- SOURCEhuggingnewshuggingnews.com
- SOURCE@marketnews_feed“META PRICES $25 BILLION OF CLASS A COMMON STOCK AT $625 PER SHARE IN PUBLIC OFFERING”x.com
- SOURCE@financialjuice“AMD to invest $1b in Meta offering.”x.com