Nvidia and AMD have confirmed plans to invest a combined $4 billion in Meta, a day after the company announced plans to raise $95 billion for AI infrastructure. Nvidia will invest $3 billion and AMD $1 billion. Meta is also expanding its use of both companies’ chips and AI infrastructure as it increases spending on superintelligence, AI agents and computing capacity.
Nvidia and AMD have reportedly confirmed that they will invest a combined $4 billion in Meta, a day after the company announced plans to raise $95 billion to fund its AI infrastructure. Nvidia will put in $3 billion and AMD $1 billion.
Meta's $95 billion raise
Meta said, as reported by CNBC, that it would first raise $35 billion through underwritten public equity offerings, then a further $60 billion through an at-the-market program, in which a company sells shares gradually over time. Its announcement said Nvidia, AMD and Broadcom were interested in buying up to $5 billion of the shares.
What the chipmakers said
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