Meta Shares Jump 6% to $670 Amid AI Infrastructure Expansion Plans
2026-07-10 22:09

Woofun AI data shows Meta shares appreciated by 6%, reaching a trading price of $670. The company previously addressed reports regarding excess hash rate, asserting that renting capacity often yields greater value than internal usage.

Additionally, Meta indicated intentions to construct 5 GW-level AI clusters concurrently, projecting that total computing power could exceed that of OpenAI and Anthropic by year-end.

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