META ▲ +1.2% - Meta Platforms, Inc. $META COULD SAVE ~$8.5B USING ITS OWN AI CHIPS IN 2027, BOFA ESTIMATES Meta plans to deploy its third-generation MTIA 450 chip, or Arke, in 1H 2027, followed by the higher-performance MTIA 500, or Astrid, later that year. Both chips, developed with Broadcom AVGO , are designed for AI inference, with Meta targeting more than 1 GW of custom-chip capacity over a 12-month period. BofA estimates Meta could deploy 5-6 GW of owned capacity in 2027 at a cost of roughly $200B. If chips account for 60% of that cost and Meta's custom silicon is ~40% cheaper than third-party chips, BofA estimates the company could save about $8.5B. Source: BofA / Bloomberg Meta rose 1.2% after Bank of America estimated the company could save approximately $8.5 billion in 2027 by deploying its own custom AI chips instead of relying on third-party semiconductors. BofA's analysis assumes Meta will deploy 5-6 gigawatts of its internally developed MTIA chips—which are roughly 40% cheaper than competitors' solutions—reducing its overall infrastructure costs as AI capacity spending accelerates. 17-SEP-2026 06:24 AM ET