Guru Stock PicksPaul Singer has made the following transactions:Reduce in LUV by 8.86%Stock News Meta taps AMD for AI buildout: Meta Platforms (META) signed a m

Meta to Spend Billions on AMD Gear, Buy Stock

05:14pm, Tuesday, 24'th Feb 2026
Meta will deploy data center gear based on processors from AMD in a deal worth "double-digit billions" of dollars per gigawatt. Bloomberg's Ian King and Riley Griffin join "Bloomberg Tech" to discuss
Bloomberg's Caroline Hyde and Ed Ludlow discuss Meta's plans to buy AI chips and computers from AMD worth billions of dollars. Plus, AI whiplash in markets erupts again as investors navigate the disru
This time, it's Advanced Micro Devices and Meta Platforms in the news, deepening their relationship with a definitive multi-year partnership to support the development and deployment of META's broader
Investors look for more clarity on tech shifts.
Worries about AI's potential to disrupt industries and jobs have rattled markets lately. One big tech exec at the center of the change doesn't see AI wiping out the need for human workers.
On Feb. 24, 2026, a massive Meta AI chip pact reframed this chipmaker's role in data center infrastructure.
Meta will take a stake in the chipmaker in exchange for a commitment to buy billions of dollars' worth of AI chips.
Broadcom looks poised to become a big inference winner in 2026.
Shares of several networking and artificial intelligence infrastructure companies moved higher Tuesday after Advanced Micro Devices (AMD) entered a multi-year A
Advanced Micro Devices (AMD) is experiencing a significant surge following a major multi-year agreement with Meta Platforms (META). The deal involves deploying
U.S. stocks rebounded Tuesday, following Monday's sharp selloff that was sparked by economic fears tied to a viral Citrini Research note warning about artificial intelligence's impact on the labor mar
Major U.S. stock indexes rebounded Tuesday after a sharp decline Monday, driven by concerns over AI disruption and uncertainty around President Donald Trump's t
Last week, Nvidia ( NASDAQ:NVDA | NVDA Price Prediction ) and Meta Platforms ( NASDAQ:META ) expanded their partnership, with Meta committing to millions of Nvidia GPUs for its AI data centers.

AMD: A Rare Case Of Buying The News

12:54pm, Tuesday, 24'th Feb 2026
Advanced Micro Devices, Inc. is a Buy in my books at the $192 support level, backed by a transformative Meta AI infrastructure deal and strong technical support. The Meta agreement, worth an estimated
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