LOL, Lisa Su running the zaniest stock-pump scheme of all time, by giving 10% of the company for free to $META. Why would anyone now else be so dumb to buy $AMD product without getting free warrants? And how about $CMG giving us $10 in warrants every time we order a burrito?
zerohedge
zerohedgeFeb 24, 20:09
AMD SHARES JUMP 15% ON META DEAL TO BUY AI GEAR, STOCK Meta Platforms Inc. will deploy data center gear based on processors from Advanced Micro Devices Inc. in a deal worth “double-digit billions” of dollars per gigawatt. Meta will buy AMD chips and computers designed to run artificial intelligence models over a five-year stretch, beginning in the second half of 2026, and will receive warrants to buy 160 million AMD shares. The agreement is part of Meta's efforts to "aggressively front-load" computing capacity, with CEO Mark Zuckerberg making AI the company's top priority and pledging to devote hundreds of billions of dollars to the effort.
If nothing else this will create a gigantic overhang of shares at some point in the future, when both OpenAI and $META try and dump the 20% of the company they got as a “buy a CPU, get a free warrant” Hapy Meal.
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