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acquisitionAnnounced · Feb 24, 2026TechnologySource · CredibleArticle · Factual
Meta Platforms acquires AMD
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
—
Target
AMD
NASDAQ: AMD · Santa Clara, California
Acquirer
Meta Platforms
Financial Stake
Status
Completed
Meta Platforms agreed to acquire AMD. Reported deal value: Undisclosed. Status: Completed. Sector: Technology. Target headquarters context: Santa Clara, California, United States.
This page summarizes publicly available information about the transaction as of 2026-02-24. Figures and status may change as filings and press coverage update.
Advanced Micro Devices said on Tuesday it will sell up to $ 60bn worth of artificial intelligence chips to Meta Platforms over five years in a deal that allows the Facebook owner to purchase as much as 10% of the chip firm
Deal timeline
Announced
Feb 24, 2026 · businessday.co.za
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Technology. Figures and status may change as sources update.
Sources: businessday.co.za · Primary article · FireStrike proprietary index