Meta to Spend Billions on AMD Gear, AI Scare Trade Continues

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Meta to Spend Billions on AMD Gear, AI Scare Trade Continues

Bloomberg

24 February 2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Meta’s plans to buy AI chips and computers from AMD worth billions of dollars. Plus, AI whiplash in markets erupts again as investors navigate the disruptive power of agentic tools being unveiled by Anthropic. And the board of Warner Bros. Discovery is considering a new offer from Paramount. See omnystudio.com/listener for privacy information.