CALIFORNIA: Meta Platforms and Advanced Micro Devices have signed a multi-year partnership to deploy up to 6 gigawatts of AMD Instinct graphics processing units across Meta’s artificial intelligence infrastructure. The companies said shipments supporting the initial deployment are scheduled to begin in the second half of 2026, using a custom AMD Instinct GPU based on the MI450 architecture. Meta said the hardware will be used in its data centers to support AI training and inference workloads at scale.
The companies said the deployment will use AMD’s Helios rack-scale architecture and the ROCm software stack, and will pair the new GPUs with sixth-generation AMD EPYC processors, code-named Venice. Meta and AMD said the agreement spans multiple generations of Instinct products and includes collaboration across silicon, systems and software. AMD said Helios was developed jointly with Meta through the Open Compute Project to support rack-level building blocks for AI infrastructure.
AMD disclosed additional terms in a regulatory filing, saying the arrangement is documented through an amendment to a master purchase agreement originally dated May 23, 2023. AMD said Meta made a binding commitment to purchase an initial 1 gigawatt equivalent of specified Instinct GPU products, either directly, through affiliates, or indirectly through authorized third parties acting for Meta’s benefit. AMD said additional product purchases, technical requirements and other conditions apply as the relationship scales toward the 6 gigawatt equivalent level.
Warrant tied to GPU purchases
AMD said it issued Meta a performance-based warrant to purchase up to 160 million shares of AMD common stock at an exercise price of $0.01 per share. The company said the warrant vests in tranches based on milestones tied to Meta’s purchases of specified Instinct GPU products. AMD said the first tranche vests upon shipment of the initial 1 gigawatt equivalent, and full vesting of the 160 million shares is contingent on Meta, its affiliates, or authorized purchasers buying a total of 6 gigawatts equivalent of the specified Instinct GPU products.
AMD said vesting is also subject to achievement of specified AMD stock price thresholds that escalate to $600 per share for the final tranche. The company said each tranche of vested warrant shares is also subject to Meta meeting certain technical and commercial conditions before exercise. AMD said the warrant is exercisable in whole or in part after issuance and may be exercised by cash payment or cashless exercise, at Meta’s election, until 5:00 p.m. Eastern time on Feb. 23, 2031.
Shipment schedule and infrastructure details
AMD said the warrant cannot be transferred except to controlled affiliates without AMD’s consent. The filing said Meta has customary registration rights for the shares, including demand and piggyback registration rights and rights tied to underwritten block trades under a registration rights agreement entered into with the warrant issuance. AMD said the warrant and shares were issued in reliance on an exemption from registration under federal securities law, and that any resale would remain subject to applicable securities requirements.
Meta and AMD did not disclose a single contract value for the GPU supply arrangement in their announcements. The companies described the deal as an expansion of their strategic partnership focused on AI infrastructure, including deployment of Instinct GPUs and alignment on rack-scale systems and software used to operate large data center clusters. AMD said the strategic arrangement and warrant were documented in an agreement dated Feb. 23, 2026, and were publicly disclosed the following day as part of the broader partnership announcement. – By Content Syndication Services.