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Meta's AI chips and Meta One launch boost Bank of America's buy rating with $8.5B savings potential.

Market News
17 Sep 2026
Proactive Investors
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Bullish
Meta's AI chips and Meta One launch boost Bank of America's buy rating with $8.5B savings potential.

Meta Platforms plans to deploy custom AI chips MTIA 450 and MTIA 500 in 2027, aiming to save about $8.5 billion by using these chips instead of third-party options. The company also launched Meta One, a subscription service offering advanced AI tools, which has attracted 15 million subscribers and trials. Bank of America sees strong revenue potential from subscriptions and upcoming product launches like Connect and Watermelon, which could enhance advertising and licensing income. Meta's shares rose 1% following this positive outlook.

Meta Platforms holds a market cap of $1.72 trillion and an enterprise value of $1.74 trillion as of September 18, 2026, 02:51 WIB. The stock price on Pluang is USD 680.99, up 1.14% for the day, aligning closely with the article's note of a 1% rise. Trading volume reached over 17 million shares, with typical investors holding for about 126 days. Despite a modest dividend yield of 0.31%, the platform shows a strong sell bias with 74% of orders to sell, reflecting mixed investor sentiment.

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