Nvidia agreed to sell Meta millions of chips
The multiyear deal was announced in February 2026, the same day Meta broke ground on a $10 billion data center in Indiana.
Kivorent News desk, published , 1 min read
$10BMeta's Indiana data center
This is a look back at news from the week of . We wrote it on November 11, 2026, from the sources listed at the end.
Nvidia agreed to sell Meta millions of chips in a multiyear deal that included a long-term partnership on AI infrastructure, according to a weekly briefing from Distill Intelligence dated February 20, 2026.
In the same week Meta broke ground on a $10 billion data center in Indiana.
Why it mattered
Meta is one of a handful of companies whose spending drives the AI chip market. A multiyear commitment told investors that the spending would continue, and it gave Nvidia visibility into future orders.
Data center construction on this scale became a political issue during 2026. Local opposition over power and water use was one of the pressures behind the November selloff, when investors began to price in the chance that some projects would be paused.
This article is general information. It is not investment advice, and trading involves the risk of losing money.
Sources
- Magnificent 7 weekly briefing, February 20, 2026, Distill Intelligence
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