NVDA and META announced a multiyear partnership to expand Meta's AI infrastructure. Meta plans to deploy millions of Blackwell and Rubin GPUs along with Nvidia CPUs. This marks the first large-scale deployment of Nvidia's Grace-only CPUs and integration of their Spectrum-X Ethernet switches. NVDA is up 1.6% and META gained 1% in premarket. AMD dropped 1.2% and Arista (ANET) fell 3%, likely because Meta is opting for Nvidia's CPUs and networking gear. RBC analysts view this as an incremental positive for NVDA and ARM, but a modest negative for AMD and INTC server CPU exposure.