Meta (META) Debuts New AI Chip, Aiming To Decrease Reliance On Nvidia -Bloomberg
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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
