1 week ago

NVIDIA Stock Rises After Multiyear Strategic Partnership With Meta

NVIDIA Corporation (NASDAQ:NVDA) shares are trading higher Wednesday after the company announced a multiyear, multigenerational strategic partnership with Meta Platforms, Inc. (NASDAQ:META).

On-Premises, Cloud And AI Infrastructure Partnership

NVIDIA said the agreement spans on-premises, cloud and AI infrastructure and will support Meta's long-term AI roadmap.

Meta will build hyperscale data centers optimized for both training and inference, enabling the large-scale deployment of NVIDIA CPUs and millions of NVIDIA Blackwell and Rubin GPUs. The companies will also integrate NVIDIA Spectrum-X Ethernet switches into Meta's Facebook Open Switching System platform.

Meta is expanding deployment of Arm-based NVIDIA Grace CPUs for data center production applications, marking the first large-scale Grace-only deployment. The companies are also collaborating on potential large-scale deployment of NVIDIA Vera CPUs beginning in 2027.

Meta will deploy NVIDIA GB300-based ...

Full story available on Benzinga.com

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