Metas new AI chips will begin production in September

DETAILED EXPLANATION

Meta is developing four new AI chips under its MTIA program, covering model training, ranking and recommendation, general AI workloads, and inference, with production beginning in September. The modular chiplet design, built with Broadcom, manufactured by TSMC, and paired with Samsung memory, is meant to cut Meta's GPU costs and reduce reliance on Nvidia and AMD even as the company keeps spending heavily with both.

Meta plans to deploy 7 gigawatts of compute in 2026, doubling that in 2027, with capital expenditures projected at 125 to 145 billion dollars for the year.