$AMD - MIZUHO WARNS AMD SQUEEZE MAY FADE DESPITE META DEAL Advanced Micro Devices surged 10% after announcing a 6GW compute supply deal with Meta Platforms, but Mizuho cautions the rally could be short-lived. The boost comes amid headline-driven trading, while rivals like Nvidia and Broadcom are already positioned for Meta-related GPU and ASIC expansions. AMD’s deal includes 10% equity warrants, which some investors see as a downside, potentially capping upside ahead of Nvidia’s mid-March GTC event. While the agreement strengthens confidence in AMD’s Helios MI450 GPUs and EPYC CPUs, Mizuho notes history suggests supply deals with warrants often face fading rallies once initial euphoria passes.