AMD to invest US$1 billion in Meta's stock sale as Helios racks enter testing

DIGITIMESOctober 28, 2026en

AMD is backing one of its largest AI customers with capital and chips. Alongside an update on its hardware work with Meta, the chipmaker said on October 27 that it will invest US$1 billion in Meta's equity offering, joining Nvidia in buying into the social media company's fundraising for AI infrastructure. Critics describe this pattern as circular financing.

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