Meta signs up to $100B AMD chip deal in major NVIDIA diversification push

Meta and AMD announced a multiyear agreement worth up to $100 billion for AMD AI chips, marking one of the largest AI hardware commitments in history and a decisive step toward breaking NVIDIA's dominance in AI compute. The deal includes a performance-based warrant granting Meta up to 160 million shares of AMD common stock -- roughly 10% of the company -- for $0.01 each, structured to vest alongside delivery milestones.

The agreement signals an industry-wide shift in how Big Tech procures AI infrastructure. Until now, NVIDIA's GPUs have powered the vast majority of large-scale AI training and inference workloads. Meta's bet on AMD at this scale gives the chipmaker a credible path to compete at the top tier of AI silicon, while giving Meta negotiating leverage and supply chain resilience it lacked as an NVIDIA-dependent buyer. CEO Mark Zuckerberg framed the deal around Meta's pursuit of "personal superintelligence" -- AI systems designed to deeply understand and empower individuals in their daily lives.