Meta (META) Debuts New AI Chip, Aiming To Decrease Reliance On Nvidia -Bloomberg
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as FY2027 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Meta Platforms Inc. (META) PT Raised to $600 at Piper Sandler
April 11, 2024 7:12 AM EDTPiper Sandler analyst Thomas Champion raised the price target on Meta Platforms Inc. (NASDAQ: META) to $600.00 (from $525.00) while maintaining a Overweight rating.
The analyst comments "We continue to see upside to numbers and remain buyers despite the strong run in the... More
Meta Platforms (META) announces next-gen AI chip
April 10, 2024 1:03 PM EDTMeta Platforms (NASDAQ: META) announced details about its next-generation in-house artificial intelligence accelerator chip on Wednesday.
The social media giant said its next generation of large-scale infrastructure is being built with AI in mind, including supporting new generative AI products, recommendation systems and advanced AI research.... More
