Meta Signs $60 Billion Five-Year Chip Deal with AMD for AI Infrastructure

Summary

Meta has agreed to a $60 billion, five-year deal with AMD, purchasing approximately 10% of the chipmaker's output. The deal encompasses AMD's flagship GPUs as well as CPUs, including a custom CPU variant tuned for Meta's specific workloads that prioritizes high performance with minimal energy consumption. The agreement spans two generations of AMD's CPU products. AMD CEO Lisa Su described the arrangement as Meta making a 'big bet on AMD.' The deal signals a significant shift in the AI chip mark