$META $AMD - META STRIKES $100B AI CHIP MEGA-DEAL WITH AMD Meta Platforms has agreed to buy over $100 billion worth of AI computing power from Advanced Micro Devices, securing up to 6 gigawatts of capacity over five years and potentially a ~10% stake in AMD. The deal strengthens AMD’s position against Nvidia in the booming AI chip market. It includes custom AI chips and stock warrants tied to AMD’s future share price performance. Part of a broader AI push led by Mark Zuckerberg, Meta is rapidly expanding data center capacity and diversifying suppliers, with spending on AI infrastructure expected to reach up to $135 billion this year. The agreement also reflects a growing trend of long-term, high-value partnerships—sometimes involving “circular financing”—as tech giants race to secure AI dominance.