Meta strikes up to $100B AMD chip deal as it chases ‘personal superintelligence’

Meta has entered a multiyear agreement with AMD to potentially purchase up to $100 billion worth of AMD chips, including the MI540 GPU series and the latest generation of CPUs. This deal is significant enough to drive around six gigawatts of data center power demand. As part of the agreement, AMD issued Meta a performance-based warrant for up to 160 million shares—about 10% of AMD—at $0.01 each, with vesting tied to milestones and AMD’s stock price reaching $600 (currently around $196.60). The partnership reflects Meta’s strategic move to diversify its AI compute infrastructure beyond Nvidia, which has long dominated the AI chip market. Meta CEO Mark Zuckerberg described the collaboration as a key step toward achieving “personal superintelligence,” an AI vision aimed at creating systems that deeply understand and empower individuals in daily life. Meta plans to invest heavily in AI infrastructure over the coming years, including a $10 billion data center project in Indiana designed to support 1