Meta Begins Production on In-House AI Chip with Help from Broadcom and TSMC

Meta Platforms announced it will begin production of its in-house AI chip 'Iris' in September. The chip is designed to enhance computing efficiency for Meta's $145 billion annual investment in AI infrastructure, reducing reliance on third-party solutions like Nvidia GPUs while increasing business opportunities for Broadcom and TSMC.

By Daniel Sparks · Motley Fool ·

Meta Begins Production on In-House AI Chip with Help from Broadcom and TSMC

Tickers: $AVGO $META $TSM

Topics: AI chips Broadcom custom silicon Meta TSMC

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