Meta Platforms Inc. will deploy 6 gigawatts’ worth of data center gear based on processors from Advanced Micro Devices Inc., a blockbuster deal that marks a win for the chipmaker’s attempts to catch up with Nvidia Corp.
The series of transactions will be worth “double-digit billions” of dollars per gigawatt, and Meta will receive warrants to buy AMD shares in stages.
Bloomberg’s Ian King and Riley Griffin join “Bloomberg Tech” to discuss what the deal means for each of the companies.
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