AMD bets on Meta’s clout to power its data-center ambitions
TL;DR Summary
AMD inks a strategic, warrant‑heavy deal with Meta to supply Instinct AI chips for Meta’s data centers and signal a broader push to win over other hyperscalers; the arrangement could help AMD hit a tenfold data‑center revenue target by 2030, but the upside relies on Meta’s adoption and on rival AI‑chip demand amid competition and the cost of warrants.
- AMD tries out the Kim Kardashian theory of data centres Financial Times
- Meta strikes AI chip deal with AMD days after committing to deploy millions of Nvidia GPUs CNBC
- Racing to Catch Up With Nvidia, AMD Signs Chips-for-Stock Deal With Meta The New York Times
- Meta and AMD Partner for Longterm AI Infrastructure Agreement meta.com
- Some More Game Theory, This Time On The AMD-Meta Platforms Deal The Next Platform
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