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AMD Pops on Meta Deal that Squares with AI Sector’s Transaction Loop
Yahoo Finance· 2026-02-25 05:01
With apologies to Joni Mitchell, this is the circle game. Shares in AMD climbed 8.8% Tuesday as markets reacted favorably to a chip deal worth up to $100 billion that the semiconductor-maker struck with Meta. Nearly identical to a pact the company hatched with OpenAI late last year, it took the same “circular” shape as deals that triggered some initial AI anxiety last fall. SUBSCRIBE:  Receive more of our free The Daily Upside newsletter. READ ALSO: Salesforce Earnings Highlight Critical Choices Facing L ...