META
Meta Platforms (META)
614.17
-0.42% (-2.60)
Updated 10:01 PMMETA
614.17
-0.42% (-2.60)
Updated 10:01 PM
Why it is moving
Meta shares rose on the day, consistent with investor attention on the pace at which its custom AI accelerator program is scaling.
Updated 04:12 AM
High confidenceMain drivers
Broadcom's raised AI revenue guidance points to stronger-than-previously-indicated demand for the custom accelerator chip it produces for Meta
Evidence: Broadcom's CEO said it expects to accelerate Ironwood chip shipments to Anthropic in Q4 and scale production shipments of Meta's custom MTIA accelerator, raising FY2026 AI revenue guidance to $58 billion from $56 billion, up 186% year-on-year.
Open AVGORecent range
Recent low
539.03
Recent high
623.22
Recent range: 539.03–623.22.
The observed high and low of the recent price series, a reference range, not support or resistance.
Upcoming events
META
Meta Platforms (META)
614.17
-0.42% (-2.60)
Updated 10:01 PM