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

This story is from 2026-11-04. It is preserved in the archive; the latest stories are on the live feed.

AMD recorded a $1.07 billion charge in Q3 linked to its AI chip agreements with OpenAI and Meta, including a February deal to sell up to $60 billion of chips to Meta over five years with warrants for up to 10% of AMD.

Read the full story at Economic Times Tech ↗

Timeline · 3 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 11:45 · Economic Times Tech
    AMD takes $1.07 billion charge on OpenAI, Meta AI chip deal
  3. 2026-11-04 08:27 · Economic Times Tech
    AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge

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