Meta strikes up to $100B AMD chip deal as it chases 'personal superintelligence' | TechCrunch

Key Takeaways

• Meta plans to purchase potentially up to $100 billion worth of AMD chips, enough to drive roughly six gigawatts of data center power demand, the companies announced Tuesday.
• As part of the multiyear agreement, AMD has issued Meta a performance-based warrant for up to 160 million shares of AMD common stock — or about 10% of the company — for $0.
• 01 each, structured to vest alongside certain mileston.