Meta inks potential $100B AMD chip partnership to power its ‘personal superintelligence’ ambitions

Meta says it intends to buy up to $100 billion in AMD chips — a volume large enough to translate into roughly 6 gigawatts of data centre power demand — according to an announcement from the companies on Tuesday.

Under the multiyear arrangement, AMD is granting Meta a performance-linked warrant that could cover up to 160 million shares of AMD common stock, equivalent to around 10% of the chipmaker, priced at $0.01 per share. The warrant is designed to vest as Meta and AMD hit specific milestones. According to The Wall Street Journal, the full stock award depends on AMD’s share price, with AMD needing to reach $600 per share for Meta to receive the final tranche. AMD shares finished at $196.60 on Monday.

As part of the deal, Meta will purchase AMD’s MI540 line of GPUs along with AMD’s newest generation of CPUs. CPUs are becoming a more central component of the AI inference compute stack because they can be more power-efficient, are typically easier to scale, and help companies avoid being locked entirely into Nvidia’s ecosystem.

“The CPU market is absolutely on fire,” AMD CEO Lisa Su said Tuesday morning during an investor briefing. “There is significant demand. It has continued to grow, and it really is a result of AI infrastructure deployments as inference scales and agentic AI scales. Our portfolio is in an extremely good position.”

AMD has been steadily making progress as more AI-focused companies look to reduce their dependence on Nvidia, the long-standing leader in AI chips that has historically commanded premium pricing. Last October, AMD and OpenAI reached a comparable structure, exchanging equity incentives tied to commitments to purchase chips.

Meta CEO Mark Zuckerberg described the AMD relationship as “an important step” as Meta broadens its compute options and pushes toward what he calls “personal superintelligence.” Zuckerberg has described personal superintelligence as AI built to understand people and help empower them in day-to-day life deeply.

Meta has said it plans to invest at least $600 billion in U.S. data centres and AI infrastructure over the coming years, including an estimated capital expenditure budget of $135 billion in 2026. The company recently revealed plans for a $10 billion gas-powered data centre campus in Indiana, targeting 1 gigawatt of compute capacity.

The AMD partnership comes just weeks after Meta signed a separate multiyear agreement to expand its data centres with millions of Nvidia’s newest CPUs and GPUs. Meta is also developing its own internal chips, though the effort has reportedly faced delays.