WSJ Tech News Briefing: TNB Tech Minute

Episode Title: Meta and AMD Sign More Than $100 Billion AI Chips Deal
Date: February 24, 2026
Host: Julie Chang, The Wall Street Journal

Overview

This episode of the WSJ Tech News Briefing focuses on several major developments in the tech industry, with a headline announcement of a $100 billion-plus deal between Meta and AMD for AI chips. The episode also touches on Apple’s reshoring of Mac Mini production to Texas and Anthropic's latest enterprise AI integrations. Each of these headlines highlights ongoing shifts in technology supply chains, the battle for dominance in AI hardware, and rapid innovation in enterprise AI tools.

Key Discussion Points

1. Meta and AMD's $100 Billion+ AI Chips Deal

• Meta has agreed to purchase 6 gigawatts of AI computing power from AMD.
• The five-year deal is valued at over $100 billion.
• It signals AMD ramping up competition with industry leader Nvidia in the GPU market.
• Meta will deploy the first gigawatt in 2026, primarily to power next-generation data centers.
• In addition to the chip buy, Meta receives options (warrants) to buy up to 160 million AMD shares—roughly 10% of AMD—for a penny per share, subject to meeting certain milestones.
• This comes after Meta’s announcement the previous week of purchasing several million Nvidia GPUs.

Quote:

"Meta has agreed to buy 6 gigawatts of AI computing power from Advanced Micro Devices in a deal worth over 100 billion dollars."
— Julie Chang [00:18]

Quote:

"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."
— Julie Chang [00:38]

• Timestamps:
  • Deal announcement and details: [00:18]
  • Context of AMD challenging Nvidia: [00:26]
  • Meta’s parallel Nvidia deal: [00:47]

2. Apple to Reshore Mac Mini Production to Texas

• Apple will move some Mac Mini desktop production from Asia to a Foxconn facility in North Houston, Texas.
• COO confirms the move is part of Apple’s four-year, $600 billion US investment plan, which aims to boost domestic manufacturing.
• The shift responds to the Trump administration’s pressure on tech companies to increase domestic investments, with tariff exemptions offered as incentives.
• Dozens of companies have made similar commitments.

Quote:

"Apple's COO told the Wall Street Journal that the reshoring effort will begin later this year at a Foxconn facility in North Houston."
— Julie Chang [00:53]

Quote:

"Apple's spending commitment, like similar ones from dozens of companies, come after pressure from the Trump administration to dial up domestic investment."
— Julie Chang [01:04]

• Timestamps:
  • Announcement of US production move: [00:50]
  • Policy context and investment commitment: [01:04]

3. Anthropic Expands Claude Cowork with Enterprise Integrations

• Anthropic has launched new integrations for Claude Cowork, its enterprise AI platform, adding support for Google Apps (including Gmail), DocuSign, LegalZoom, and more.
• These enhancements enable organizations to build custom AI agents that can handle workflows across finance, investment banking, equity research, and previously announced legal applications.

Quote:

"Anthropic also announced new plugins or customizable agents for workflows across financial analysis, investment banking, equity research, and other areas."
— Julie Chang [01:20]

• Timestamps:
  • Overview of Claude Cowork enhancements: [01:10]
  • New integrative capabilities: [01:16]

Notable Quotes & Memorable Moments

• Julie Chang on the AMD-Meta Deal:

  "It's AMD's move to challenge Nvidia in the GPU market." [00:26]

• Julie Chang on Industry Trends:

  "Apple's spending commitment, like similar ones from dozens of companies, come after pressure from the Trump administration to dial up domestic investment." [01:04]

Additional Segments

Proactive AI Auditing and Governance (Sponsored Content, [02:17–02:52])

• Guest: Steve Soder, VP and Industry Principal, Workiva

• Insight: The paradigm in AI auditing is shifting from reactive to proactive, with future value lying in identifying and managing risks before they emerge.

  Quote:

  "Auditing has traditionally been a backward looking exercise... The value that an AI auditor and this type of governance is going to bring... is looking forward... It's the proactivity that's going to make this successful."
  — Steve Soder [02:25–02:52]

Episode Highlights

• Meta and AMD’s deal is one of the largest in AI chip history and changes the landscape for Nvidia’s dominance.
• Apple’s reshoring strategy signals escalating trends toward domestic tech manufacturing.
• Anthropic’s Claude Cowork continues the wave of AI integration into core business tools.

Listen next: The afternoon Tech Minute for continued coverage as these tech stories develop.