AMD Industries has announced a landmark agreement with Meta for the supply of artificial intelligence chips, marking one of the largest semiconductor deals in recent industry history. The comprehensive partnership spans five years and carries a potential value of up to $60 billion.

Deal Structure and Financial Terms

The agreement establishes AMD as a key supplier of AI chips to Meta over the five-year period. The deal's structure allows for flexibility in procurement volumes while providing Meta with substantial supply security for its artificial intelligence infrastructure needs.

Strategic Partnership Components

Beyond the chip supply arrangement, the deal includes a significant strategic element that grants Meta the option to acquire up to 10% ownership in AMD. This component transforms the agreement from a traditional supplier relationship into a potential strategic partnership with equity participation.

Market Implications

The agreement represents a major commitment in the artificial intelligence semiconductor sector, providing AMD with substantial revenue visibility over the five-year term. For Meta, the deal secures access to critical AI chip supplies necessary for its technology infrastructure and artificial intelligence initiatives.

The partnership demonstrates the growing importance of AI chip supply chain security and the willingness of major technology companies to enter into long-term strategic arrangements to ensure component availability.

AMD Industries Limited has announced the conclusion of an Income Tax Department survey action that was conducted on its office premises, with the company confirming no material impact on its business operations.

Survey Details and Timeline

The Income Tax Department conducted a survey action under Section 133A of the Income Tax Act, 1961, at AMD Industries Limited's office premises. The survey proceedings commenced on February 17, 2026, and were successfully concluded on February 21, 2026, at 5:30 p.m.

Company's Response and Cooperation

AMD Industries Limited has confirmed that the survey was conducted in the normal course of proceedings. The company has stated that it fully cooperated with the Income Tax Department throughout the survey process. This cooperation ensured that the proceedings were completed smoothly without any complications or extended delays.

Business Operations Impact Assessment

The company has assessed the impact of the survey proceedings on its business operations and has determined that there is no material impact requiring disclosure under the SEBI Listing Regulations. This assessment indicates that the company's manufacturing operations for crown caps, PET-preforms, plastic closures, bottles, and jars remain unaffected by the survey action.

Regulatory Compliance and Disclosure

In compliance with Regulation 30 read with Part-A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, AMD Industries Limited has formally notified both the Bombay Stock Exchange Limited and National Stock Exchange of India Limited about the survey conclusion. The company has also made this information available on its official website at www.amdindustries.com , ensuring transparency with all stakeholders.

The intimation was signed by Radha Shakti Garg, Company Secretary and Compliance Officer, and submitted to the stock exchanges for information and record purposes.