Did Meta Platforms Just Say "Checkmate" to Nvidia?
Meta is rumored to be eyeing a deal that could further separate the company from Nvidia.
One artificial intelligence (AI) stock that got off to a scorching start this year is social media juggernaut Meta Platforms (NASDAQ: META). Just a couple of weeks ago, Meta's leadership told investors that 2025 is going to be a jam-packed year as the company seeks to continue moving aggressively on its AI roadmap.
To be specific, Meta is preparing to spend up to $65 billion in AI infrastructure this year -- representing a 65% increase year over year. Given the company works closely with Nvidia and Advanced Micro Devices, and is also working with Broadcom to design its own custom inferencing chips, it's not too surprising that Meta is planning for such a robust increase in capital expenditures (capex).
What may be surprising, though, is that Meta may have just found a new source for its capital -- and it could put Nvidia in a jam. Below, I'll dig into some recent news involving Meta right now and detail how Nvidia could be impacted.
