🟢 AMD is trading 15% up today on 6GW GPU partnership with Meta

AMD is trading at $225.10 (+14.50%) in pre-market after announcing a major multi-year partnership with Meta for up to 6 gigawatts of Instinct GPUs.

• The deal features custom MI450-based GPUs and EPYC CPUs, with initial 1GW shipments scheduled to begin in 2H 2026.
• Meta will receive performance-based warrants to purchase up to 160 million AMD shares, contingent on reaching specific shipment milestones.
• The massive agreement reinforces AMD's AI growth trajectory and strengthens its competitive standing in the hyperscale data center market.