{"id":1020505,"date":"2026-07-13T11:13:22","date_gmt":"2026-07-13T05:43:22","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1020505"},"modified":"2026-07-13T11:13:22","modified_gmt":"2026-07-13T05:43:22","slug":"meta-stock-surges-7-5-as-report-says-ai-chip-production-could-begin-this-year","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/13\/meta-stock-surges-7-5-as-report-says-ai-chip-production-could-begin-this-year\/","title":{"rendered":"Meta stock surges 7.5% as report says AI chip production could begin this year"},"content":{"rendered":"<p>Shares of Meta Platforms surged nearly 7.5% in Friday&#8217;s trade (10 July), climbing to $677 on the Nasdaq and extending its winning streak to a second straight session after a Reuters report said the company is planning to begin manufacturing its own artificial intelligence (AI) chips.<\/p>\n<p>According to the Reuters report, Meta plans to start manufacturing its custom AI chip, code-named \u201cIris\u201d, with partners Broadcom and Taiwan Semiconductor Manufacturing Co. (TSMC) later this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Meta Platforms surged nearly 7.5% in Friday&#8217;s trade (10 July), climbing to $677 on the Nasdaq and extending its winning streak to a second straight session after a Reuters report said the company is planning to begin manufacturing its own artificial intelligence (AI) chips. According to the Reuters report, Meta plans to start manufacturing its custom AI chip, code-named \u201cIris\u201d, with partners Broadcom and Taiwan Semiconductor Manufacturing Co. (TSMC) later this year.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-1020505","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1020505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1020505"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1020505\/revisions"}],"predecessor-version":[{"id":1020506,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1020505\/revisions\/1020506"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1020505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1020505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1020505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}