Markets

AMD Stock Rises On Meta AI Infrastructure Deal

February 24, 2026

AMD and Meta have entered a multiyear agreement for Meta to purchase over 6 gigawatts of AI chips, causing AMD's stock to rise significantly. As part of the deal, AMD will issue 160 million shares to Meta, which will vest in tranches based on AMD achieving certain milestones.

AMD Stock Rises On Meta AI Infrastructure Deal

Key Highlights

Meta will purchase more than 6 gigawatts of AI chips from AMD.
AMD will issue 160 million shares of common stock to Meta under the agreement.
The stock issuance will vest based on milestone achievements by AMD.
AMD's stock rose by up to 10% in premarket trading following the announcement.
The partnership is expected to drive substantial multi-year revenue growth for AMD.

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

AMD Stock Rises On Meta AI Infrastructure Deal

Key Highlights

Sources

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