Meta's AI Spending Under Scrutiny, AMD's Role Underestimated

An article questions whether Meta Platforms is allocating excessive resources towards its artificial intelligence initiatives, with a Citi analyst suggesting that Wall Street is underestimating Meta's spending on AMD's AI chips.

12 Jun, 16:04 — 12 Jun, 16:04

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marketwatchMostly Factual10d ago

AMD is seen as a CPU stock — but it’s gaining ground here, too

Wall Street is underestimating how much Meta will spend on AMD’s AI chips, a Citi analyst said.

By Britney Nguyen

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Meta's AI Spending Under Scrutiny, AMD's Role Underestimated

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AMD is seen as a CPU stock — but it’s gaining ground here, too

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