AISiliconANGLEabout 1 hour ago
Nvidia AMD Buy 4 Billion Meta Shares
4 min read
Meta Platforms Inc. announced Nvidia Corp. and Advanced Micro Devices Inc. plan to buy $4 billion worth of its shares. Nvidia invests $3 billion while AMD invests $1 billion as part of an up to $95 billion stock sale. The partnership expands chip usage for AI agents and networking gear including Spectrum-X Ethernet and Helios racks.
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