Articles > Post Market Movers: Meta Unveils Custom AI Chips After Nvidia, AMD Deals
- Meta introduces four custom AI chips for data center expansion
- SoFi now offers access to over 25 cryptocurrencies without needing a separate app
- Goldman Sachs portfolio sees success with Eli Lilly & Company but faces challenges with Advanced Micro Devices
- Lisa Su of AMD set to meet with Samsung chief in South Korea
- Sanmina positioned to benefit from AMD's growth with ZT Systems acquisition
Meta has announced the release of four custom AI chips specifically designed for tasks related to artificial intelligence, following recent major deals with Nvidia and AMD. The company's data center expansion plans will integrate these new chips, with the first chip, MTIA 300, already in use. Subsequent chips, including the MTIA 400, MTIA 450, and MTIA 500, are set to be deployed every six months, showcasing Meta's commitment to advancing AI technology.
In other news, financial services platform SoFi has unveiled a new option for accessing a wide range of cryptocurrencies, including popular digital assets like Bitcoin, Ethereum, and Solana. What sets SoFi apart is its seamless integration of over 25 cryptocurrencies into its existing platform, eliminating the need for users to download a separate app for crypto trading.
Goldman Sachs' latest portfolio activity highlights the success of investments in companies like Eli Lilly & Company, while also facing challenges with holdings in global semiconductor giant Advanced Micro Devices. The investment firm has initiated positions in Johnson & Johnson and AMD, indicating a strategic shift in their investment approach for the upcoming quarter.
Advanced Micro Devices CEO Lisa Su is gearing up to meet with Samsung Electronics Chairman Jay Y. Lee in South Korea to discuss potential collaborations in the AI memory chip sector. This meeting comes amidst a surge in demand for high-bandwidth memory used in AI chipsets, signaling a strategic move by AMD to secure crucial supplies for its growing portfolio.
Sanmina, a key player in the semiconductor industry, is positioned to benefit from AMD's growth trajectory following the acquisition of ZT Systems. With a strategic focus on high-growth server products, Sanmina is poised to capitalize on major deals with Meta and OpenAI, presenting a significant revenue opportunity in the multi-billion dollar assembly market.
In conclusion, as Meta unveils its custom AI chips and expands its data center capabilities, the integration of new technologies into existing platforms like SoFi enhances accessibility to digital assets. Meanwhile, strategic partnerships and alliances in the semiconductor industry, such as the upcoming meeting between AMD's Lisa Su and Samsung's Jay Y. Lee, underscore the evolving landscape of AI technology and the potential for groundbreaking advancements in the near future.
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Post Market Movers: Meta Unveils Custom AI Chips After Nvidia, AMD Deals
By KlickAnalytics Data Insights | March 11, 2026 08:01PM ET
Key Points
- Meta introduces four custom AI chips for data center expansion
- SoFi now offers access to over 25 cryptocurrencies without needing a separate app
- Goldman Sachs portfolio sees success with Eli Lilly & Company but faces challenges with Advanced Micro Devices
- Lisa Su of AMD set to meet with Samsung chief in South Korea
- Sanmina positioned to benefit from AMD's growth with ZT Systems acquisition
Meta has announced the release of four custom AI chips specifically designed for tasks related to artificial intelligence, following recent major deals with Nvidia and AMD. The company's data center expansion plans will integrate these new chips, with the first chip, MTIA 300, already in use. Subsequent chips, including the MTIA 400, MTIA 450, and MTIA 500, are set to be deployed every six months, showcasing Meta's commitment to advancing AI technology.
In other news, financial services platform SoFi has unveiled a new option for accessing a wide range of cryptocurrencies, including popular digital assets like Bitcoin, Ethereum, and Solana. What sets SoFi apart is its seamless integration of over 25 cryptocurrencies into its existing platform, eliminating the need for users to download a separate app for crypto trading.
Goldman Sachs' latest portfolio activity highlights the success of investments in companies like Eli Lilly & Company, while also facing challenges with holdings in global semiconductor giant Advanced Micro Devices. The investment firm has initiated positions in Johnson & Johnson and AMD, indicating a strategic shift in their investment approach for the upcoming quarter.
Advanced Micro Devices CEO Lisa Su is gearing up to meet with Samsung Electronics Chairman Jay Y. Lee in South Korea to discuss potential collaborations in the AI memory chip sector. This meeting comes amidst a surge in demand for high-bandwidth memory used in AI chipsets, signaling a strategic move by AMD to secure crucial supplies for its growing portfolio.
Sanmina, a key player in the semiconductor industry, is positioned to benefit from AMD's growth trajectory following the acquisition of ZT Systems. With a strategic focus on high-growth server products, Sanmina is poised to capitalize on major deals with Meta and OpenAI, presenting a significant revenue opportunity in the multi-billion dollar assembly market.
In conclusion, as Meta unveils its custom AI chips and expands its data center capabilities, the integration of new technologies into existing platforms like SoFi enhances accessibility to digital assets. Meanwhile, strategic partnerships and alliances in the semiconductor industry, such as the upcoming meeting between AMD's Lisa Su and Samsung's Jay Y. Lee, underscore the evolving landscape of AI technology and the potential for groundbreaking advancements in the near future.
About AMD
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit, chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs, and development services; and server and embedded processors, and semi-custom System-on-Chip (SoC) products, development services, and technology for game consoles. The company provides processors for desktop and notebook personal computers under the AMD Ryzen, AMD Ryzen PRO, Ryzen Threadripper, Ryzen Threadripper PRO, AMD Athlon, AMD Athlon PRO, AMD FX, AMD A-Series, and AMD PRO A-Series processors brands; discrete GPUs for desktop and notebook PCs under the AMD Radeon graphics, AMD Embedded Radeon graphics brands; and professional graphics products under the AMD Radeon Pro and AMD FirePro graphics brands. It also offers Radeon Instinct, Radeon PRO V-series, and AMD Instinct accelerators for servers; chipsets under the AMD trademark; microprocessors for servers under the AMD EPYC; embedded processor solutions under the AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, AMD R-Series, and G-Series processors brands; and customer-specific solutions based on AMD CPU, GPU, and multi-media technologies, as well as semi-custom SoC products. It serves original equipment manufacturers, public cloud service providers, original design manufacturers, system integrators, independent distributors, online retailers, and add-in-board manufacturers through its direct sales force, independent distributors, and sales representatives. The company was incorporated in 1969 and is headquartered in Santa Clara, California.For more information:
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