AMD and Meta strike $100 billion AI deal that includes 10% stock deal — 6 gigawatt agreement includes up to 160 million AMD shares

AMD and Meta strike $100 billion AI deal that includes 10% stock deal — 6 gigawatt agreement includes up to 160 million AMD shares

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Stephen is Tom's Hardware's News Editor with almost a decade of industry experience covering technology, having worked at TechRadar, iMore, and even Apple over the years. He has covered the world of consumer tech from nearly every angle, including supply chain rumors, patents, and litigation, and more. When he's not at work, he loves reading about history and playing video games. ","collapsible":{"enabled":true,"maxHeight":250,"readMoreText":"Read more","readLessText":"Read less"}}), "https://slice.vanilla.futurecdn.net/13-4-17/js/authorBio.js"); } else { console.error('%c FTE ','background: #9306F9; color: #ffffff','no lazy slice hydration function available'); } Stephen Warwick Social Links Navigation News Editor Stephen is Tom's Hardware's News Editor with almost a decade of industry experience covering technology, having worked at TechRadar, iMore, and even Apple over the years. He has covered the world of consumer tech from nearly every angle, including supply chain rumors, patents, and litigation, and more. When he's not at work, he loves reading about history and playing video games.

Gururu Meta owning 10% of AMD is horrible news but I am sure Zuckerberg will help them navigate AI. Reply

-Fran- When are we going to start calling them "Tech Cabals"? Well, I'm guessing it's no secret plot, but still. Also, why USD$100000M? Is that like a good luck number or something? Regards. Reply

LordVile Yeah trading stock for overinflated prices is going to do real well when this bubble pops Reply

TerryLaze -Fran- said: Also, why USD$100000M? Is that like a good luck number or something? Regards. It's 160 million shares, if AMD stock price ever reaches $600 (part of the deal) ,in that case 160mil times $600 = 96bilion. Reply

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