Still, investors have worried about the increasing strength of products from rivals such as AMD -- and even moves by Meta, Amazon Web Services (AWS), and others to create their own chips. These new chips are cheaper than Nvidia's GPUs, offering them a clear selling point.

Meta expands partnership with Nvidia in a deal likely worth tens of billions, for deploying millions of GPUs and new standalone CPUs in AI data centers

Meta just announced a deal to buy "millions" of NVIDIA Blackwell and Rubin GPUs in a new long-term partnership.

Meta expands NVIDIA CPU deployment and significantly improves performance per watt in its data centers.Meta scales out AI workloads

This article first appeared on GuruFocus. Shares of Nvidia (NASDAQ:NVDA) were in focus after Stifel reiterated a bullish view, pointing to an expanded partnership with Meta Platforms (NASDAQ:META) tied to artificial intelligence infrastructure. Stifel ...

Nvidia shares rise after Meta expands its business with the chip designer.

Hyperscalers are likely to spend much more on AI infrastructure in 2026 than Wall Street initially estimated.

Nvidia helped lift the market and climbed 1.6% after Meta Platforms announced a long-term partnership where it will use millions of chips and other equipment from Nvidia for its artificial-intelligence data centers.