AMD SHARES JUMP 15% ON META DEAL TO BUY AI GEAR, STOCK Meta Platforms Inc. will deploy data center gear based on processors from Advanced Micro Devices Inc. in a deal worth “double-digit billions” of dollars per gigawatt. Meta will buy AMD chips and computers designed to run artificial intelligence models over a five-year stretch, beginning in the second half of 2026, and will receive warrants to buy 160 million AMD shares. The agreement is part of Meta's efforts to "aggressively front-load" computing capacity, with CEO Mark Zuckerberg making AI the company's top priority and pledging to devote hundreds of billions of dollars to the effort.(zerohedge)