AMD Shares Rally After Multi-Year GPU Supply Pact with Meta
Advanced Micro Devices saw its stock climb 14% on Tuesday morning after unveiling an expanded multi-year, multi-generation deal with Meta to deploy as much as 6 gigawatts of AMD Instinct GPUs for AI infrastructure. The agreement includes a staged shipment schedule beginning in the second half of 2026, a performance-linked warrant for up to 160 mill…