AMD · 10-Q · 2026Q2 · Full report
AI Infrastructure Partnership
ADVANCED MICRO DEVICES INC · 2026-08-05 · Importance 44 · Surprise 60 · In source text
In February 2026, AMD entered a multi-year agreement with Meta under which Meta intends to deploy up to 6 gigawatts of AMD data center GPUs. The first gigawatt of the deployment is expected to use AMD Instinct MI450 series products. AMD issued Meta a warrant for up to 160 million shares at an exercise price of $0.01 per share, with vesting linked to GPU purchase milestones and specified stock-price or performance conditions; no warrant tranches had vested as of June 27, 2026.
Key facts
- The first gigawatt of each OpenAI and Meta deployment is powered by AMD Instinct MI450 series products. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | The first gigawatt of each OpenAI and Meta deployment is powered by AMD Instinct MI450 series products. |