Nvidia, AMD to buy $4B in Meta shares as part of expanded chip partnerships

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Nvidia, AMD to buy $4B in Meta shares as part of expanded chip partnerships

Meta Platforms Inc. today announced that Nvidia Corp. and Advanced Micro Devices Inc. plan to buy $4 billion worth of its shares. The chipmakers will purchase the equity as part of an up to $95 billion stock sale that the Facebook parent intends to kick off in the near future. The fundraising initiative will also […] The post Nvidia, AMD to buy $4B in Meta shares as part of expanded chip partnerships appeared first on SiliconANGLE .

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