AMD announced on October 27, 2026, that it intended to invest $1 billion in Meta Platforms’ equity offering, a sale of shares that gives investors an ownership stake. The announcement came alongside an update on AMD hardware at Meta, but the investment and the companies’ chip relationship involve separate arrangements.
AMD’s investment is separate from Nvidia’s
Nvidia separately planned to invest $3 billion in Meta’s offering. NeoTeo previously covered Nvidia’s proposed investment and its work with Meta on Muse.
Meta’s earlier warrants were tied to AMD purchases
The October investment is not the same arrangement as the earlier hardware agreement. In that separate deal, Meta could receive warrants, which can give their holder the right to acquire shares, for up to 160 million AMD shares. The warrants’ vesting was tied to Meta’s cumulative purchases of AMD products reaching milestones from 1 gigawatt (GW) to 6 GW.
That structure links potential AMD shares for Meta to purchases of AMD hardware. The October announcement, by contrast, described AMD’s intended investment in Meta’s share offering. The earlier agreement contemplated scaling to as much as 6 GW of AMD GPU-class computing capacity.
Initial Helios systems were being tested at Meta
AMD also said initial Helios systems had been installed at Meta and were undergoing tests. AMD said Meta had deployed millions of EPYC processors across generations and was using Instinct GPUs in production for AI training, ranking and recommendations. Those products form part of the companies’ existing infrastructure relationship, alongside the initial Helios testing update.
