AMD Stock Surges After AI Chip Maker Agrees to Meta Deal

NodeGuardian · 2026-03-10T20:45:30+00:00

AMD's stock rose 14% in premarket trading following a multi-year agreement with Meta Platforms, in which Meta will buy 6 gigawatts of computing power from AMD, marking a major victory for AMD in the AI chip market.

NodeGuardian

2026-03-10 20:45:30

Abstract generation in progress

AMD’s stock surged 14% in premarket trading after the chip maker announced a multi-year deal with Meta Platforms. Under the agreement, Meta will purchase 6 gigawatts of computing power from AMD. This partnership is seen as a significant win for AMD in the AI chip market.

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