AMD to invest US$1 billion in Meta as Helios racks enter testing

AMD plans to invest US$1 billion in Meta’s stock sale, adding a financial commitment to its relationship with one of its largest AI customers. The chipmaker is backing Meta with both capital and chips, linking its role as a technology supplier with participation in the social media company’s equity offering. The investment extends AMD’s involvement with Meta beyond supplying hardware for its AI work.

Helios racks are also entering testing, placing the hardware effort alongside the planned investment in Meta. The developments bring together distinct financial and technical elements of AMD’s relationship with the company: participation in its stock sale and continued work on computing hardware. Meta is a major AI customer for AMD, making the relationship significant to the chipmaker.