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AMD's OpenAI and Meta chip deals trigger $1 billion quarterly charge

AMD is offering warrants in its future success to OpenAI and Meta in exchange for large chip commitments, including a February deal to sell up to $60 billion of AI chips to Meta over five years, triggering a $1 billion quarterly charge.

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Timeline · 2 reports

  1. 2026-11-04 08:27 · Economic Times Tech
    AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge
  2. 2026-11-04 02:30 · Reuters AI
    AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge

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