META · News · 20261104N

AI Chip Supplier Partnership

Meta Platforms, Inc. · 2026-11-04 · Importance 33 · Surprise 42

AMD’s supply agreements with Meta and OpenAI include stock warrants that could allow the customers to buy up to 10% of AMD, subject to performance milestones. AMD began recognizing the warrant-related accounting impact as shipments under the arrangements started, and a separate report said MI450-series GPU shipments were underway. The reports describe an active chip-supply relationship but do not specify Meta’s shipment volumes or delivery schedule.

Key facts

• Meta Platforms, Inc. received stock warrants under its AI chip-supply agreement with AMD; the warrants could allow the AI companies to purchase as much as 10% of AMD, subject to performance milestones. source