Overview
- Deliveries are slated to start in the second half of 2026, with Meta targeting the first 1 GW of capacity online in 2026.
- AMD will provide customized Instinct MI450 accelerators and complete Helios servers featuring Epyc “Venice” processors and networking gear.
- Public reporting places the deal’s value between about $60 billion over five years (Reuters) and roughly $100 billion (FT/WSJ), with no official total disclosed.
- The structure grants Meta equity options contingent on performance milestones, echoing AMD’s earlier chips‑for‑equity arrangement with OpenAI that offered roughly a 10% stake.
- AMD’s stock jumped by double digits intraday following the announcement.