Mark Zuckerberg Is Turning Meta Into a Bigger Chipmaker. Its Newest In-House AI Chip Enters Production in September.
Key Points Meta reportedly plans to put its in-house “Iris” AI chip into production in September, with Broadcom helping design it and TSMC manufacturing it. The company reportedly plans to deploy 7 gigawatts of computing capacity this year and double that to 14 gigawatts in 2027. Meta expects 2026 capital expenditures of $125 billion to […]