Meta strikes AI chip deal with AMD days after committing to deploy millions of Nvidia GPUs

Meta strikes AI chip deal with AMD days after committing to deploy millions of Nvidia GPUs

By Katie Tarasov
Publication Date: 2026-02-24 12:00:00

Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc., displays an AMD Instinct MI455X GPU during the 2026 CES event in Las Vegas, Jan. 5, 2026.

Bloomberg | Bloomberg | Getty Images

A week after Meta committed to using millions of Nvidia’s processors to power its AI expansion, the social media company has inked another mammoth chip deal, this time with Advanced Micro Devices.

Meta said on Tuesday that the multiyear deal with AMD involves deploying up to 6 gigawatts of the company’s graphics processing units for AI data centers and includes use of AI-optimized central processing units, or CPUs. Early shipments of MI450 GPUs in AMD’s Helios rack-scale servers will begin later this year.

Tune in at 9:30 a.m. ET as Advanced Micro Devices CEO Lisa Su joins CNBC TV to discuss Meta’s chip deal with AMD. Watch in real time on CNBC+ or the CNBC Pro stream.

AMD CEO Lisa Su said in a statement that her company is delivering “high-performance, energy-efficient infrastructure optimized for Meta’s workloads, accelerating one of the industry’s largest AI deployments and placing AMD at the center of the global AI buildout.”

In its earnings report last month, Meta committed to up to $135 billion in capital expenditures this year as it tries to keep pace with its megacap peers as well as OpenAI and Anthropic in the global AI race. Overall, Meta has plans for 30 data centers, including 26 in the U.S.

Tuesday’s announcement is a critical development for AMD, which is far behind…