Meta could be set to splash the cash on buying some (very expensive) data centre chips.
According to JP Morgan analysts (via Reuters(opens in new tab)), Meta is planning on using custom chips developed by Broadcom to power its metaverse dreams.
Application-specific integrated circuit (ASIC) chips will drive between $2 billion and $2.5 billion in revenue for Broadcom in 2022, driven by deals from Meta, Google, and other giants.
