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AMD takes $1.07 billion quarterly charge tied to OpenAI and Meta chip deals

AMD recorded a $1.07 billion charge in Q3 linked to warrants granted to OpenAI and Meta in exchange for large AI chip commitments, including a February deal to sell Meta up to $60 billion of chips over five years.

Read the full story at Reuters AI ↗

Timeline · 5 reports

  1. 2026-11-05 03:45 · Economic Times Tech
    AMD's AI chip deals with OpenAI, Meta trigger $1 billion charge in Q3
  2. 2026-11-04 17:14 · Reuters AI
    RPT AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge
  3. 2026-11-04 11:45 · Economic Times Tech
    AMD takes $1.07 billion charge on OpenAI, Meta AI chip deal
  4. 2026-11-04 08:27 · Economic Times Tech
    AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge
  5. 2026-11-04 02:30 · Reuters AI
    AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge

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