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Chip Deal

OpenAI signs massive AI chip deal with Cerebras

OpenAI is set to spend more than $20 billion on AI chips from startup Cerebras Systems over the next three years, in a deal that could also give the ChatGPT maker a significant ownership stake in the company, according to a report by The Information.

17 Apr 2026-09:07
$100 billion shock: Meta signs major deal with AMD

Meta will buy up to 6 gigawatts of computing power from AMD and also get warrants to buy up to 160 million AMD shares, which equates to roughly 10% of the company, for $0.01 apiece.

24 Feb 2026-21:29
AMD shares surge on major chip deal with Meta

Advanced Micro Devices (AMD) said Tuesday it has agreed to sell up to $60 billion worth of artificial intelligence chips to Meta Platforms over five years, in a landmark deal that also gives the Facebook parent the option to purchase as much as a 10% stake in the chipmaker.

24 Feb 2026-16:21
Wall Street set for muted open as chip stocks slip amid China sales deal

Wall Street was poised for a subdued start Monday as major semiconductor stocks declined ahead of a key tariff deadline tied to a recent trade policy shift with China.

11 Aug 2025-17:37
Samsung Elec signs chip supply deal with Tesla

28 Jul 2025-07:47

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