Sandisk stock rose after a leaked memo revealed a multi-year flash supply agreement with Meta Platforms, marking the first known long-term agreement (LTA) in the NAND area. The deal supports Meta's AI…
Meta is transitioning from an ad-driven giant to a vertically integrated AI hyperscaler with its custom 'Iris' AI chip scheduled for production in September 2026 and the launch of 'Meta Compute,' a ne…
Meta plans to start production of its Iris AI chip in September, according to an internal memo reviewed by Reuters. The chip, designed with Broadcom and manufactured by TSMC, will support generative A…
Meta CEO Mark Zuckerberg plans to double the company's AI computing infrastructure to 14 gigawatts by 2027, with spending up to $145 billion, according to an internal memo. The massive buildout includ…
Meta Platforms will begin manufacturing its in-house AI chip, code-named Iris, in September, according to an internal memo. The chip, designed with Broadcom and fabricated by TSMC, is part of Meta's M…
Meta will begin production of its latest AI chips in September, aiming to reduce GPU costs amid a component shortage. The chips, developed under the MTIA program with Broadcom and manufactured by TSMC…
AXT Inc. shares surged 10% after Chinese export permit delays tightened global supply of indium phosphide, a critical substrate for AI data center optical interconnects. The company, which controls ne…
Co-packaged optics (CPO), a technology that integrates optical components directly with switch ASICs or AI accelerators to reduce power consumption and increase bandwidth density for AI data centers. …