Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Wajeeh Khan

META Stock Alert: What to Know as Meta Platforms Plans Expanded Use of Proprietary Chips

Meta Platforms (META) shares inched higher on Sept. 15 after the company confirmed plans to deploy its next-gen proprietary AI processor MTIA 450 (code-named Arke) into data centers in the first half of 2027. The deployment could help curb escalating compute costs and improve operational efficiency, Yee Jiun Song, Meta’s vice president of engineering, told Bloomberg in an interview today.

Following significant recovery in recent weeks, META stock is now up nearly 4% versus the start of this year.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.