Meta just signed a blockbuster chip deal with AMD, hot off the tail of its Nvidia tie-up

AMD CEO Lisa Su.

Caroline Brehman / AFP via Getty Images

• Meta has agreed to buy 6 gigawatts' worth of AMD's AI chips.
• It comes after Meta recently agreed to a separate chip deal with Nvidia.
• AMD has also been striking deals with major tech companies, including OpenAI.

Meta hasn't only got eyes for Nvidia — it just signed a big chip deal with AMD.

The social network giant has agreed to purchase 6 gigawatts' worth of AMD's artificial intelligence chips, the companies said on Tuesday.