AMD and Meta Advance Strategic Partnership to Power Meta’s Superintelligence Infrastructure

Saudi Aramco's market value surpassed Meta's by $45 billion, driven by Brent crude prices near $116. Aramco's shares rose 1.67% to 25.60 riyals, while Meta fell 1.88% to $630.56. Aramco's Q2 2026 net income was $32.7 billion, up from $22.67 billion a year earlier. Higher oil prices boost Aramco's profits, but its ranking could reverse quickly.

AMD (NASDAQ:AMD) shares rose 5.4% on an expanded AI partnership with Meta, involving AMD's Helios and EPYC products. Meta will also use AMD's Instinct GPUs and MI450 architecture. AMD committed $1B to Meta's equity offering. The deal follows Anthropic's IPO filing, boosting semiconductor sector sentiment.

AMD expanded its AI infrastructure partnership with Meta, with both companies collaborating on processors, graphics chips, and software. Meta uses AMD's EPYC processors and Instinct GPUs for AI workloads. AMD will invest $1 billion in Meta's equity offering. AMD's stock rose 3.77% to $551.32.

Nvidia will invest $3bn in Meta's $97.5bn equity offering, expanding their partnership to optimize AI infrastructure. Meta will deploy more Nvidia hardware, including Vera CPUs and BlueField-4 DPUs, for its Muse AI agents. Meta plans to raise $25bn through common stock and $12.5bn through convertible preferred shares, with an additional $60bn in shares planned for 2027.

AMD will invest $1B in Meta's equity offering, expanding their partnership. The collaboration covers CPUs, GPUs, networking, and AI infrastructure. AMD's technologies support Meta's AI models and services. AMD shares rose 3.07% to $547.61, while Meta fell 1.37% to $621.92.

AMD will invest $1B in Meta's equity offering and expand its partnership, covering CPUs, GPUs, networking, systems, and software to support Meta's services and AI infrastructure.