Nvidia rises after mega multiyear Meta AI chip deal
ReutersFeb 18, 2026 9:52 AM
Nvidia NVDA.O shares rise 2% premarket on Wednesday after it struck a multiyear deal to supply Meta META.O with millions of current and next-gen AI chips
Pact spans Nvidia's Blackwell and forthcoming Rubin processors, plus standalone Grace and Vera CPUs
Nvidia did not disclose a value for the deal
"This multi-year commitment is likely worth tens, potentially hundreds, of billions of dollars", said Matt Britzman, senior equity analyst at Hargreaves Lansdown
Rival AMD AMD.O shares slip 1% as deal underscores Nvidia's momentum
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