business / news / / Barchart
Meta Platforms (META) just delivered its strongest sales growth since 2021.
Meta raised its 2026 CapEx guidance to $125–$145 billion for AI infrastructure and Superintelligence Labs.
KEY POINTS
- Meta and AMD have a multi-year deal for up to 6 gigawatts of Instinct GPUs, starting late 2026.
- Meta signed an $21 billion expanded AI cloud deal with CoreWeave, running through December 2032.
- Meta secured up to 1 gigawatt of space-based solar power with Overview Energy for data center scalability.
- Analysts maintain a consensus Strong Buy rating with an $842.37 average target, implying 38% upside.
COMPANIES
Summarized by Newsio from Barchart. How we summarize →