Meta's Custom 'Iris' AI Chip (MTIA Gen 4) Enters Production in September to Cut Nvidia Reliance
Reuters (via Yahoo Finance)·medium signal
Per an internal memo reviewed by Reuters, Meta will begin manufacturing its fourth-generation MTIA chip, code-named Iris — designed with Broadcom and built by TSMC — in September, after a six-week test run found no major issues. Iris supplements rather than replaces Meta's Nvidia/AMD GPUs and supports a compute buildout targeting 7GW by end-2026 and 14GW in 2027, against up to $145B in 2026 AI infrastructure spend. The Broadcom partnership is now formalized through 2029 across multiple MTIA generations.