AMD shares jump 8% on $100B+ AI chip deal with Meta
Shares of Advanced Micro Devices Inc. rose 8% today after it announced plans to supply Meta Platforms Inc. with billions of dollars worth of chips. The Facebook parent will also receive the option to buy an up to 10% stake in AMD. As part of the deal, Meta ha…
Shares of Advanced Micro Devices Inc. rose 8% today after it announced plans to supply Meta Platforms Inc. with billions of dollars worth of chips. The Facebook parent will also receive the option t… [+4130 chars]