Under a massive new multi-year agreement announced Tuesday, Meta plans to use up to 6 gigawatts of AMD Instinct GPUs to power its AI infrastructure. It’s part of the Meta Compute initiative, which is focused on diversifying Meta’s partnerships and technology stack to scale its infrastructure “for the era of personal superintelligence.”
The move involves a performance-based warrant issued to Meta for up to 160 million shares of AMD common stock. That’s equal to about 10 percent of the company, according to a report by The Wall Street Journal, which indicates the price per share is 1 cent and the overall deal is worth more than $100 billion.
This is the last in a series of major circular financing arrangements that have seen billions in AI investments exchanging hands in a closed loop. With vesting tied to milestones across Instinct GPU shipments and AMD’s stock price, WSJ noted Meta’s receipt of the final tranche of shares is contingent on AMD’s stock hitting $600.
Shipments for the first deployments are slated to start in the second half of 2026 and are expected to be optimized to meet Meta’s AI workload demands. The custom AMD Instinct GPUs will be based on the MI450 architecture and leverage the Helios rack jointly developed by AMD and Meta.
The pair will also be expanding their AMD EPYC processor partnership, positioning Meta as a lead customer for 6th Gen AMD EPYC CPUs and a next-generation EPYC processor featuring workload-specific optimizations.
“We are proud to expand our strategic partnership with Meta as they push the boundaries of AI at unprecedented scale. This multi-year, multi-generation collaboration across Instinct GPUs, EPYC CPUs and rack-scale AI systems aligns our roadmaps to deliver high-performance, energy-efficient infrastructure optimized for Meta’s workloads, accelerating one of the industry’s largest AI deployments and placing AMD at the center of the global AI buildout,” Lisa Su, AMD chair and CEO said in a statement.
