Meta to buy AI chips from AMD in deal worth up to $100 billion

NEW YORK, (UrduPoint / Pakistan Point News / WAM - 24th Feb, 2026) Meta Platforms will buy artificial intelligence chips from Advanced Micro Devices (AMD) in a deal that will also give it the opportunity to buy up to a 10% stake of the chip company.

Meta will buy AMD’s latest chips, the MI450, to help power data centres. The 6-gigawatt agreement will see shipments supporting the first gigawatt deployment set to start during the second half of this year. The agreement could potentially be worth more than $100 billion.