AMD's OpenAI and Meta chip deals trigger $1 billion quarterly charge
AMD is taking a $1 billion quarterly charge tied to deals giving OpenAI and Meta stakes in the company in exchange for large chip commitments, including up to $60 billion of AI chips to Meta over five years with warrants for up to 10% of AMD.
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Timeline · 3 reports
- 2026-11-04 08:27 · Economic Times Tech
AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge - 2026-11-04 02:30 · Reuters AI
AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge - 2026-11-04 02:12 · Reuters AI
RPT AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge