In a mega 5-year deal, Meta Platforms agreed to purchase 6 gigawatts of AI computing power from Advanced Micro Devices (AMD), estimated to be worth over $100 billion, despite investor concerns about rising AI spending.
Meta will purchase AMD's MI540 series of GPUs and its latest-generation CPUs. 'The CPU market is absolutely on fire. There is significant demand. It has continued to grow, and it really is a result of the AI infrastructure deployments as inferencing scales, as agentic AI scales, and our portfolio is in an extremely good position,' said AMD CEO Lisa Su. Meta will buy CPUs, including a variant customised for powerful performance while ensuring low energy consumption.
