Meta stock rises on cost-saving chip plans

Meta Platforms shares gained 2% on Tuesday morning, 15 September 2026, after Bloomberg reported that the tech company plans to deploy its own artificial intelligence chips in data centers during the first half of next year. The stock later trimmed those gains to trade up 0.75%.

The company is testing the third generation of its custom silicon, named MTIA 450 or Arke. Meta expects its subsequent generation, dubbed 500 or Astrid, to finish design work in about a month and enter data centers by the end of 2027. Meta first revealed its in-house chip roadmap in 2023.

Meta is collaborating with Broadcom on design and Taiwan Semiconductor Manufacturing Co. on manufacturing to reduce dependence on Nvidia processors. The company has committed to more than one gigawatt of these chips across a 12-month span. On 1 September, twelve sample chips arrived from TSMC, performing within 2% to 3% of internal simulations while running Meta models alongside systems from DeepSeek and Alibaba.

Yee Jiun Song, vice president of engineering at Meta, told Bloomberg that the chips achieve higher efficiency per watt and per dollar than current Nvidia alternatives when running AI models. Meta canceled an earlier chip code-named Olympus to concentrate on general-purpose inference, as Song noted a potential 30% cost increase is unacceptable at gigawatt scale. The advance also follows the recent launch of Meta's Muse AI agent.