meta_pixel
Tapesearch Logo
Log in
WSJ Tech News Briefing

TNB Tech Minute: Meta and AMD Sign More Than $100 Billion AI Chips Deal

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 24 February 2026

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Apple to move some Mac Mini desktop computer production from Asia to Houston. And Anthropic announces updates to Claude Cowork. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Here's your morning TNB Tech Minute for Tuesday, February 24th. I'm Julie Chang for the Wall Street Journal.

0:08.5

Meta has agreed to buy six gigawatts of AI computing power from advanced microdevices in a deal

0:14.3

worth over $100 billion. The five-year deal announced today is AMD's move to challenge

0:20.1

NVIDIA in the GPU market.

0:22.4

Meta will purchase enough of AMD's latest chips to power data centers, and is expected to deploy the first gigawatt this year.

0:29.1

Under the arrangement, AMD has agreed to give meta warrants to buy up to 160 million AMD shares, or about 10% of the company, for a penny apiece, as long as certain

0:40.3

milestones are met. Last week, Meta said it would buy several million of Nvidia's GPUs as well.

0:46.5

We exclusively report that Apple will move some Mac Mini Desktop computer production from Asia to the

0:52.7

U.S. Apple's CEO told the Wall Street Journal

0:55.8

that the reshoring effort will begin later this year at a Foxcon facility in North Houston.

1:01.0

The move is part of Apple's pledge announced last summer to invest $600 billion in the U.S. over four

1:07.0

years. Apple's spending commitment, like similar ones from dozens of companies, come after

1:11.7

pressure from the Trump administration to dial up domestic investment. In return, those companies

1:16.6

would get tariff exemptions. News Corp, owner of the journal, has a commercial agreement to supply

1:22.0

news through Apple services. And Anthropic launched new updates to Claude Co-Work today.

1:29.1

Co-work is a platform that lets users build AI agents that understand company context and can connect to a host of enterprise apps like Slack.

1:37.4

On Tuesday, Anthropic announced additional integrations with Google apps, including Gmail, as well as DocuSign, LegalZoom, and others.

1:44.9

Anthropic also announced new plugins or customizable agents for workflows across financial

1:50.2

analysis, investment banking, equity research, and other areas. It expands upon its previously

1:55.9

announced plugins for the legal sector. That's your TMB Tech Minute. Join us again this afternoon

2:00.9

for more.

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.