New Delhi, April 24 -- Amazon Inc shares saw renewed buying interest on Tuesday, 24 April, rising 3.2% to a record high of $263.13 after news that it will supply its Graviton processors to Meta Platforms, the parent of Facebook. Meta shares also gained, climbing 3.3% to $680 apiece.

Amazon on Friday entered into an agreement to provide Meta with tens of millions of Graviton cores to support the social media giant's agentic AI workloads. Graviton is Amazon's family of central processing units (CPUs) designed for cloud computing.

According to the company, Meta will use "tens of millions" of Amazon Web Services' Graviton CPUs to power its AI offerings, although financial details of the deal were not disclosed.

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