Meta Platforms (META +2.59%) could spend as much as $145 billion on AI in 2026 alone. That is a staggering amount of money, and Wall Street has grown increasingly nervous that the spending spree will yield enough returns to keep shareholders happy. Meta now appears to be looking to sell its excess computing power, much like competitors Amazon and Space Exploration Technologies (SpaceX).
Should investors care about this particular move? Let’s have a look at what it could potentially mean for shareholders.
Today’s Change
(2.59%) $15.56
Current Price
$615.85
Key Data Points
Market Cap
$1.6TMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.Market cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares….
