AMD and Meta agree to deploy up to 6 gigawatts of AMD Instinct GPUs
AMD and Meta announced a definitive multi-year, multi-generation deal to deploy up to 6 gigawatts of AMD Instinct GPUs, starting with a custom MI450-based GPU. Shipments for the first gigawatt are scheduled to begin in the second half of 2026. AMD issued Meta a performance-based warrant for up to 160 million AMD shares, which vests as purchases scale. AMD did not disclose the contract value.
- Up to 6 gigawatts of AMD Instinct GPUs, multi-year and multi-generation
- First phase uses a custom MI450-based GPU with Venice EPYC CPUs
- First-gigawatt shipments scheduled to begin in 2H 2026
- Warrant for up to 160M AMD shares at a nominal price, vesting with purchase milestones
- Dollar value not disclosed in the AMD release
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AMD+9.54%Feb 23 · AMD rose 9.5% on the day it agreed with Meta to deploy up to 6 gigawatts of Instinct GPUs, and granted Meta a performance warrant for up to 160 million AMD shares. Intel (+5.5%) and TSMC (+4.3%) also rose, while the S&P 500 gained 0.7%.TSM+4.34%Feb 23 · TSM rose 4.34% to close at $386.82 after AMD and Meta announced a deal to deploy up to 6 gigawatts of AMD Instinct GPUs. Coverage linked the TSMC move to the deal because TSMC manufactures most of AMD's chips; that day AMD rose 9.54% and INTC 5.52% while the S&P 500 rose 0.66%.Source
AMD NewsroomFeb 24, 2026