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Event Brief

Meta could own 10% of AMD in new chip deal

AMD will supply chips to support Meta's AI efforts, potentially giving Meta a stake in AMD.
WHO: Meta, AMD
WHAT: Chip deal leading to potential stake acquisition
WHEN: Feb 24, 2026 at 9:10 AM ET
WHERE: USA
WHY: To develop and deploy AI models
Sources (1): Ars Technica

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