July 9, 2026·Neutral·tech development

Meta to Start Production of AI Chip Iris in September

Meta plans to begin production of its in-house AI chip, Iris, in September, according to a Reuters report. The company is maintaining its target of achieving 14GW of computing capacity by 2027. META shares fell 4% in pre-market trading following the news.

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$META / AI Silicon: Iris moves toward production, 14GW target stays on deck $META 581, -4% pre-market. Reuters: Meta plans to begin production of its in-house AI chip, Iris, in September and target 14GW of computing capacity in 2027. 1. The spend debate does not go away. More