Microsoft Bets Custom Chips Will Cut AI Costs
Microsoft is betting its custom chips can lower AI costs, but whether those savings ever reach investors depends on an AI equation that's more complicated than hardware alone.
Topic
Topic
Microsoft is betting its custom chips can lower AI costs, but whether those savings ever reach investors depends on an AI equation that's more complicated than hardware alone.
BofA held its Meta Buy rating and $810 target, citing up to $8.5 billion in custom chip savings and 15 million Meta One sign-ups.…