Nvidia (NVDA) said late Monday it will invest $3 billion in Meta Platforms' (META) recent stock offering, a move that will put more of the chipmaker's AI hardware inside Meta's data centers and expand joint work on next-generation AI agents.

The participation is a departure for Nvidia, which has mostly backed smaller AI start-ups and hardware suppliers with its investments. Meta, by contrast, is a huge customer that could likely have raised the money without help — a sign of how much value the chipmaker places on keeping its systems at the center of Meta's AI buildout. It also gives Nvidia a financial stake in a major customer at a time when Meta is pouring billions of dollars into AI infrastructure.

Nvidia shares closed at $216.00 on Monday, up 2.39%, and were little changed before the open Tuesday, trading near $215.95. Meta stock fell 1.88% in the last session and was flat in premarket trading.

According to Wall St Engine:

$NVDA will invest $3 billion in $META's equity offering. Meta plans to increase deployments of NVIDIA Vera Rubin systems and Vera CPUs, along with Spectrum-X networking and BlueField-4, to support its next-generation AI agents. The companies are also exploring collaboration on… pic.twitter.com/IeFgfbsgPU

— Wall St Engine (@wallstengine) October 27, 2026

Still, there is a clear business rationale behind the move: Meta's Muse AI models have caught on fast.

What Meta Gets From the Deal

Meta will expand its use of Nvidia hardware across its data centers, including Vera Rubin systems and Vera CPUs to power its AI agents. The plan also calls for broader deployments of Nvidia's Spectrum-X networking and BlueField-4, technology that supports Meta's next-generation AI agents, according to the companies. The two sides will also work together on training and inference performance for the Muse models, and they said they are considering additional joint technology projects.

Nvidia CEO Jensen Huang said the companies are expanding their partnership to optimize computing for "capable, efficient and secure AI agents."

The Muse agent app became one of the most downloaded apps within a week of its launch, and users have given it a warm welcome — momentum that helps explain Nvidia's willingness to take an equity stake.

Alongside the investment, Meta upsized its common stock offering to $25 billion from $22.5 billion. Paired with a depository offering, the total raise could reach $37.5 billion. The common stock priced at $625 per share, while the depository offering priced at $50 per share. Proceeds are aimed mainly at Meta's AI infrastructure buildout. Meta also plans a separate $60 billion non-voting stock offering in 2027, which — along with the joint technology projects still under consideration — sets out the next concrete milestones in how its AI supply relationships take shape.

Why Broadcom and AMD Matter

Meta builds custom chips with Broadcom (AVGO), and Nvidia may want to protect its business with the social media company; taking a stake in the offering is one way to do it. Broadcom CEO Hock Tan also serves as a strategic advisor to Meta's board — a notably close tie between the two companies. The episode illustrates how equity stakes, boardroom ties and custom-chip partnerships now sit alongside product roadmaps in the contest for a share of Meta's AI spending.

Meta has disclosed that Broadcom and Advanced Micro Devices (AMD) both showed interest in joining the offering. That means Nvidia will not receive an exclusive arrangement of the kind it holds with Elon Musk's SpaceX. Call it a crowded table: every chip supplier wants a seat.

Investors followed the news. On Monday, Broadcom rose 2.33% and AMD gained 2.80%. Broadcom was up 1.2% in premarket trading Tuesday. The moves underscored how closely Wall Street is watching which chip suppliers win a role in Meta's AI spending plans.

Source: CoinCentral