AMD will invest $1bn in Meta’s equity offering, the chipmaker said on Tuesday, 27 October. It made the pledge in a release on its partnership with Meta. AMD also said its first Helios rack systems are now running at Meta.
The money comes on top of Nvidia’s pledge to invest $3bn in Meta. That brings the two chipmakers to $4bn in total, CNBC reported. Both companies sell Meta the chips that run its AI services.
“With Helios now running at Meta, we are taking that partnership to a new scale in the superintelligence era,” said Lisa Su, chair and CEO of AMD.
What AMD says is running at Meta
Helios is AMD’s rack-scale system, which puts 72 GPUs per rack. Meta has installed the first Helios systems and is testing them, AMD said. It expects a broader deployment “in the near future”.
AMD’s EPYC processors support the computing behind Muse, Meta’s personal AI agent. Meta has deployed millions of EPYC chips over several generations, AMD said. It is also a lead customer for the sixth generation, and the two firms are working on a future chip called “Verano”.
Meta already uses AMD’s Instinct GPUs in production for training and for ranking and recommendation engines. It was an early design customer for the MI450, and it will deploy a custom Instinct GPU built for its own workloads. The work will also shape AMD’s next GPUs, the MI500 series, the company said.
AMD also said its chips supported Meta’s Muse Spark Open models on the day they launched. The same goes for Muse Glimmer on AMD’s Ryzen AI PCs and Radeon GPUs.
“AMD has been a key partner in building out the compute that’s running our frontier models,” said Mark Zuckerberg, Meta’s founder and CEO.
A share sale five times oversubscribed
The two chipmakers are buying into one of the largest equity fundraising plans on record. Meta launched a $35bn share sale on Monday to fund its AI spending. It put the wider plan at up to $95bn.
The common stock part of the sale was raised to $25bn. Investors asked for about five times the shares on offer, Bloomberg reported, citing people familiar with the offering. The shares were priced at $625 each, a 2.7% discount to Friday’s close.
Long-only and existing investors received more than half of the shares, according to Bloomberg’s sources. The 15 largest buyers took about 70%. The sale is one part of a plan Bloomberg puts at about $98bn. The plan also includes a $12.5bn sale of mandatory convertible preferred stock and a programme to sell shares on the market over time.
On Monday, Meta said Nvidia, AMD and Broadcom were interested in buying up to $5bn of its shares, according to CNBC. Broadcom has not announced an investment.
Chipmakers buying into their customers
AMD shares rose 3% on Tuesday, while Nvidia was flat and Meta fell 1%, CNBC reported. The deals add to a run of chipmakers taking stakes in the companies that buy their chips.
In July, AMD said it would invest up to $5bn in Anthropic, which plans to run Claude on Helios systems. AMD has taken part in 25 funding rounds in 2026, up from two in 2022, CNBC reported, citing Dealroom. Nvidia has joined 121 rounds this year.
Nvidia’s own deal with Meta covers more Vera Rubin systems and Vera CPUs, according to Nvidia’s release. AMD’s news shows Meta is buying from both.