Tech & Gadgets

Meta could end up owning 10% of AMD in new chip deal

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Meta has entered into a multi-billion dollar chip deal with AMD that could result in Meta owning up to 10% of AMD, significantly boosting AMD's stock value. This move underscores Meta’s aggressive investment in AI capabilities through high-capacity customized chips from AMD. Content creators should note the increasing importance and competition for advanced computing resources in the tech industry, particularly for AI development.

Read the full article at Ars Technica

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