Advanced Micro Devices (AMD) is collaborating with Meta Platforms (META) to deploy up to 6 gigawatts of AMD Instinct chips to power Meta’s next generation of AI infrastructure.
Shares of AMD jumped about 12% premarket on Tuesday, while Meta’s stock dipped around 1%.
The companies said the multi-year, multi-generation agreement expands their existing strategic partnership and aligns roadmaps across silicon, systems, and software to deliver AI platforms purpose-built for Meta’s workloads.
The first deployment will use a custom AMD Instinct graphics processing unit, or GPU, based on the MI450 architecture. Shipments supporting the first gigawatt deployment are slated to begin in the second half of 2026, powered by custom AMD Instinct MI450-based GPUs and 6th Gen AMD EPYC CPUs, codenamed “Venice,” running ROCm software and built on the AMD Helios rack-scale architecture.
Under the agreement, AMD has issued Meta a performance-based warrant for up to 160M AMD common shares, structured to vest as specific milestones associated with Instinct GPU shipments are achieved.
AMD Helios was developed jointly by AMD and Meta.
“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,” said AMD’s Chair and CEO Lisa Su.
In addition to the collaboration on GPUs, AMD and Meta are expanding their AMD EPYC processor partnership.
The companies said Meta will be a lead customer for 6th Gen AMD EPYC CPUs, dubbed “Venice” and “Verano,” a next-generation EPYC processor designed with workload-specific optimizations to deliver leadership performance-per-dollar-per-watt.
“We expect this partnership to drive substantial multi-year revenue growth and be accretive to our non-GAAP earnings per share, marking another significant step forward in delivering on our ambitious long-term financial model,” said Jean Hu, EVP, CFO, and treasurer, AMD.