Reuters: Meta begins production of in-house AI chips, signs long-term memory supply agreement

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According to Reuters, Meta Platforms plans to start production of its self-developed AI chip, codenamed "Iris," from September. An internal memo shows that the chip is part of Meta's internal MTIA accelerator project, aimed at improving AI performance on platforms like Facebook and Instagram and reducing reliance on third-party chip suppliers such as Nvidia and AMD. Testing of the Iris chip progressed rapidly, taking only 6 weeks with no major issues. Meta will produce the chip by collaborating with Broadcom on design and having TSMC handle manufacturing. Additionally, Meta is aggressively expanding its computing infrastructure, planning to deploy 7 GW of computing power in 2026 and doubling it to 14 GW in 2027. To support this expansion, Meta has signed long-term supply agreements with Samsung Electronics, Sandisk, and Sumitomo Electric for memory, flash memory, and fiber optic equipment.
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NVDA-0.70%
AMD5.67%
AVGO3.20%
TSM0.15%
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Post-RainCandlestickReflection
· 8h ago
A computing power target from 7GW to 14GW — just think how much money that would burn! But it's worth it to get rid of dependence on Lao Huang.
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GateUser-23bf1070
· 8h ago
Big tech companies developing their own chips is becoming a trend; Meta's move is quite steady.
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TheKiteNeverLands.
· 8h ago
Broadcom design + TSMC foundry, this MTIA combination is reliable, looking forward to seeing actual benchmark scores by the end of the year.
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