Why Mark Zuckerberg’s Meta new deal with Nvidia is ‘bad news’ for Intel and AMD

Meta has announced a sweeping ‘multigenerational’ deal with Nvidia. With this deal the Facebook-parent is deepening its reliance on the AI chip giant. According to a report by Business Insider, the agreement will see Meta build data centers powered by millions of Nvidia’s current and next generation chips for both AI trading and inference. The move also underscores Meta’s commitment to Nvidia even as it develops in-house chips and explores alternatives like AMD processors and Google’s TPUs.

Why Meta-Nvidia deal is bad news for Intel and AMD