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Meta Platforms Inc. (NASDAQ:META) and Broadcom Inc. (NASDAQ:AVGO) shares climbed in Tuesday’s extended trading following news of an expanded multi-year partnership to co-develop the industry’s first 2nm AI compute accelerator.
- META stock is moving. See the chart and price action here.
The deal marks the foundation of a multi-gigawatt infrastructure rollout through 2029, supporting Meta’s next-generation MTIA (Meta Training and Inference Accelerator) chips.
The companies said Broadcom’s XPU custom …
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