WSJ Tech News Briefing
TNB Tech Minute: Meta and AMD Sign More Than $100 Billion AI Chips Deal
24 Feb 2026
Transcript generated automatically by AI and may contain errors.
Chapter 1: What is the significance of Meta's $100 billion deal with AMD for AI chips?
Here's your morning TNB Tech Minute for Tuesday, February 24th. I'm Julie Chang for The Wall Street Journal. Meta has agreed to buy 6 gigawatts of AI computing power from advanced microdevices in a deal worth over $100 billion.
The five-year deal announced today is AMD's move to challenge NVIDIA in the GPU market. Meta will purchase enough of AMD's latest chips to power data centers and is expected to deploy the first gigawatt this year. 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 milestones are met.
Chapter 2: How is Apple reshoring Mac Mini production to the US and why?
Last week, Meta said it would buy several million of NVIDIA's GPUs as well. We exclusively report that Apple will move some Mac mini desktop computer production from Asia to the US. Apple's COO told the Wall Street Journal that the reshoring effort will begin later this year at a Foxconn facility in North Houston.
The move is part of Apple's pledge, announced last summer, to invest $600 billion in the U.S.
Chapter 3: What impact does Apple's investment in US production have on the tech industry?
over four years. Apple's spending commitment, like similar ones from dozens of companies, come after pressure from the Trump administration to dial up domestic investment. In return, those companies would get tariff exemptions. News Corp, owner of the journal, has a commercial agreement to supply news through Apple services.
Chapter 4: What updates did Anthropic announce for Claude Cowork?
And Anthropic launched new updates to Cloud Cowork today. Cowork is a platform that lets users build AI agents that understand company context and can connect to a host of enterprise apps like Slack. On Tuesday, Anthropic announced additional integrations with Google Apps, including Gmail, as well as DocuSign, LegalZoom, and others.
Anthropic also announced new plugins, or customizable agents, for workflows across financial analysis, investment banking, equity research, and other areas.
Chapter 5: How do Anthropic's new integrations enhance AI capabilities for businesses?
It expands upon its previously announced plugins for the legal sector. That's your TMB Tech Minute. Join us again this afternoon for more.