This article first appeared on GuruFocus. Meta Platforms Inc. (NASDAQ:META) was unchanged as it detailed plans to deploy two in-house AI chips during 2027. The MTIA 450, called Arke, is the third generation of the line and goes into data centers in the first half of the year. The MTIA 500, or Astrid, finishes design work in about a month and arrives at the end of 2027, with wider use expected. Broadcom Inc. (NASDAQ:AVGO) works on the designs and Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) on manufacturing, in a project aimed at reducing Meta's reliance on Nvidia Corp. (NASDAQ:NVDA) processors. Warning! GuruFocus has detected 2 Warning Sign with META. Is META fairly valued? Test your thesis with our free DCF calculator.
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