AMD Secures Landmark Meta Partnership Amid Record Financial Growth
London, 24 February 2026 – Advanced Micro Devices (AMD) has solidified its position as a primary challenger in the artificial intelligence infrastructure market following the announcement of a multi-billion pound strategic partnership with Meta. The deal, which involves the deployment of 6 gigawatts of AMD GPU capacity, comes as the company reports record-breaking quarterly revenue and significant gains in desktop market share against long-term rival Intel.
Meta Partnership and AI Infrastructure
In a major shift for the industry, Meta has selected AMD’s Helios rack-scale systems to power a substantial portion of its future AI operations. This partnership is designed to provide Meta with a “second source” of high-performance silicon, reducing its reliance on Nvidia. The agreement focuses on the deployment of AMD’s latest GPU architectures to handle massive inference workloads, a sector where AMD has recently reported significant software breakthroughs in single-node performance.
Financial Performance and Market Position
AMD’s latest financial filings reveal a company in a period of aggressive expansion. The firm reported quarterly revenue of £7.94 billion ($10.27B), representing a 34.1% increase year-on-year. Earnings per share (EPS) reached £1.18 ($1.53), comfortably beating analyst expectations of £1.02 ($1.32). Market data indicates that AMD has now achieved a record 35.4% share of the desktop CPU market, while simultaneously nearing a 30% share in the lucrative server sector.
Product Innovation and Hardware Leaks
The hardware enthusiast community has seen significant activity this week with the retail appearance of delidded Ryzen 7 9850X3D processors, aimed at extreme overclockers. Furthermore, leaked specifications for the next-generation “Olympic Ridge” Zen 6 desktop CPUs suggest AMD will offer up to 24 cores across two chiplets, marking a substantial leap over the current Zen 5 architecture. In the graphics department, the new mid-range Radeon RX 9060 XT has reportedly set a new global GPU frequency record during testing at AMD’s Markham facility.
Key Corporate and Product Facts
The following table outlines the foundational and current status of Advanced Micro Devices, Inc. based on verified corporate data.
| Category | Details |
|---|---|
| Founded | 1 May 1969 |
| Founder | Jerry Sanders |
| Headquarters | Santa Clara, California, USA |
| Recent Revenue (Q) | £7.94 Billion ($10.27B) |
| Desktop Market Share | 35.4% |
| Key Architectures | Zen 5, Zen 6 (Olympic Ridge), RDNA 4 |
| Major AI Customer | Meta (6GW GPU Deal) |
Frequently Asked Questions
Is AMD still supporting the Ryzen Z1 Extreme?
Recent reports from Lenovo Korea suggest that official driver updates for the Ryzen Z1 Extreme APU, used in various handheld consoles, may have ceased. However, the open-source nature of AMD drivers has allowed the community to continue maintenance, particularly for Linux-based systems.
What is the “Olympic Ridge” leak?
Olympic Ridge is the reported codename for AMD’s upcoming Zen 6 desktop processor lineup. Leaks suggest these CPUs will feature increased core counts, potentially reaching 24 cores, providing a significant performance boost over the Zen 5 series.
How does AMD’s AI performance compare to Nvidia?
While Nvidia remains the market leader, AMD’s MI350 series and Helios systems are increasingly favoured by large-scale enterprise clients like Meta for their cost-effectiveness and improving inference performance. Recent software optimisations have narrowed the gap in specific AI workloads.