Meta could start production of Iris AI chip in September – report
Summary
<p>Company worked with Broadcom and TSMC on design and manufacture of chip</p>
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$META plans to double its computing capacity to 14GW in 2027 and begin manufacturing its in-house Iris AI chip in September, per Reuters citing an internal memo.
— Wall St Engine (@wallstengine) July 9, 2026
The chip is part of Meta’s MTIA project, designed with Broadcom and manufactured by TSMC, aimed at reducing reliance… pic.twitter.com/evIRmTrRC2
JUST IN: Meta to begin manufacturing its own AI chip 'Iris' in September.
— Watcher.Guru (@WatcherGuru) July 9, 2026
WHY ARE THE SEMIS UP THIS MORNING?
— amit (@amitisinvesting) July 9, 2026
Well…a hyperscaler called $META just reminded the market how much they are willing to spend on capex:
- Meta plans to double its AI computing capacity to 14GW in 2027 and begin manufacturing its in-house Iris AI chip in September, according… pic.twitter.com/6xBu7UBJHo
$META plans to double its compute capacity to 14GW in 2027 and begin manufacturing its in-house Iris AI chip in September.
— Shay Boloor (@StockSavvyShay) July 9, 2026
Iris is part of Meta’s MTIA project that’s designed with $AVGO and built by $TSM. pic.twitter.com/ja4vgKkVTk