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BofA Sees Meta’s AI Chip Breakthrough as Major Turning Point for Cost Control

Bank of America calls Meta’s custom AI chip progress and faster, cheaper 14GW infrastructure buildout a “big positive.” Iris production starts September 2026.

BofA Sees Meta’s AI Chip Breakthrough as Major Turning Point for Cost Control
"Meta's MTIA 400 chip is designed for running AI inference." Credit: Meta
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