Chipmaker AMD scored a big deal with Meta

  • AMD shares jumped more than 11% on Monday after the company announced it won Meta, formerly known as Facebook, as a chip customer.
  • They also revealed a range of new chips during the keynote of the company’s Accelerated Data Center Premiere.
  • AMD explained the two companies worked together to develop a high-performance, power-efficient processor based on the company’s 3rd Generation EPYC processor.
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