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Publication Date: 2026-02-26 15:54:00
New York, Feb 26, 2026, 10:04 EST — Regular session
- AMD shares dipped roughly 2.3% early, following two volatile sessions linked to fresh AI partnerships.
- The Meta supply deal and the stock-based warrant are in the spotlight, as is a new Nutanix partnership.
- Investors want more clarity on ramp and margins when AMD presents at the conference March 3.
Advanced Micro Devices shares dropped 2.3% to $206.00 early Thursday, giving back some of this week’s gains as investors reacted to fresh news about AI supply agreements. (Yahoo Finance)
The retreat is notable: AMD’s recent deals lean on atypical arrangements, like tying up chip supply over the long haul and layering in equity-based incentives. Right now, investors are watching dilution risk and questioning if AI outlays start to deliver returns quickly enough.
AMD struck a deal Tuesday to provide Meta Platforms with as much as $60 billion in artificial intelligence chips over the next five years. The agreement includes an option for Meta to acquire up to 10% of AMD. “Meta is locking in supply, diversifying away from a single vendor,” noted Matt Britzman, senior equity analyst at Hargreaves Lansdown. (Reuters)
According to a Feb. 24 SEC filing, Meta’s deal with AMD features a performance-based warrant, letting Meta snap up as many as 160 million AMD shares for just $0.01 apiece. Meta unlocks pieces of the warrant as it hits certain purchase targets, AMD matches those with shipments,…
