Nvidia will invest $3 billion and AMD $1 billion in Meta's $95 billion AI infrastructure equity raise, with both chipmakers also deepening technical partnerships around Meta's Muse AI agent and next-generation hardware deployments.
Nvidia and Advanced Micro Devices have committed a combined $4 billion to Meta Platforms' equity offering, underscoring the degree to which chipmakers are now taking direct financial stakes in the AI companies driving demand for their hardware.
Nvidia said Tuesday it would invest $3 billion in Meta's offering, while AMD announced a $1 billion commitment. The investments come after Meta on Monday said it would raise a total of $95 billion to fund its artificial intelligence infrastructure buildout — an initial $35 billion through underwritten public equity offerings, followed by an additional $60 billion through an at-the-market program.
Meta subsequently increased the size of its Class A secondary stock offering to $25 billion from $22.5 billion, pricing shares at $625 each. Meta's Monday announcement had named Nvidia, AMD, and Broadcom as parties interested in purchasing up to $5 billion in shares combined.
Alongside its financial commitment, Nvidia said Meta would expand its deployment of Vera Rubin and Vera CPU hardware, and that the two companies would deepen their collaboration on Muse, Meta's AI agent that launched last month.
"AI agents represent a new computing paradigm — software that understands our goals, reasons, uses tools and gets work done on our behalf," Nvidia CEO Jensen Huang said in a statement. "This changes how we use computers, from operating applications to working with intelligent agents."
Meta CEO Mark Zuckerberg echoed the sentiment. "We're excited to keep working with NVIDIA to deliver the best personal agents and frontier models for billions of people," Zuckerberg said.
AMD, for its part, confirmed that its Helios racks are already running at Meta and that its EPYC processors are powering Muse. "Together, we are building and deploying infrastructure at gigawatt scale and shaping future generations of silicon, software and systems to enable Meta's most ambitious superintelligence models and services," AMD CEO Lisa Su said in a statement.
The investments reflect a broader pattern of chipmakers deploying capital into the AI ecosystem. Nvidia has participated in 121 investment rounds so far this year, according to Dealroom, up from just 13 in 2022. Its prior stakes include positions in OpenAI, Anthropic, Intel, and XAI. AMD has been involved in 25 funding rounds in 2026, compared with just two in 2022, and in July said it would make an equity investment of up to $5 billion in Anthropic.
In market trading on Tuesday, AMD shares rose 3%, while Nvidia stayed flat. Meta fell 1%.
The dual investments signal that the relationship between AI infrastructure providers and AI platform operators is shifting — from vendor-customer to something closer to co-investors with aligned financial interests, a dynamic that could intensify as capital requirements for frontier model development continue to climb.
Jay Goldberg is a staff writer at TechEchelon covering technology, markets, and policy. He files the breaking news and deal coverage that move the publication's core desks.
More from Jay →Apple acknowledged that the inner screens on a "small number" of its new iPhone Duo foldable phones are failing, showing horizontal bright lines near the hinge, and said it will offer free replacements under AppleCare.
A teardown by YouTuber CuriousHagi points to a thin, notched linking hinge as the likely cause of the screen cracking failures being reported by iPhone Duo owners, with marks on the support plate suggesting where the mechanism catches before breaking.
Apple's iPhone Duo foldable launched globally on Friday, drawing scalpers offering $448 premiums outside the Beijing flagship store as supply constraints fueled early demand in the world's largest foldable phone market.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.