AMD shares closed up 10% after it announced it won Meta, formerly known as Facebook, as a chip customer. AMD also revealed a range of new chips during the company’s Accelerated Data Center Premiere event.
Meta CEO Mark Zuckerberg is actively working to improve relations with President-elect Donald Trump. Recently, Zuckerberg has visited Mar-a-Lago twice since the November election and is rapidly aligning Meta's policies with the Trump administration's agenda.
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