META SAYS ITS THIRD-GEN IN-HOUSE AI CHIP BEATS NVIDIA ON EFFICIENCY, DEPLOYING BY EARLY 2027

Summary from the TLDR Hardware newsletter

Meta shares rose after Bloomberg reported the company plans to deploy its third-generation MTIA chip, internally called MTIA 450 or Arke, in data centers during the first half of 2027, with the next version, MTIA 500 (Astrid), set to finish design in about a month and reach data centers by the end of 2027. Twelve new sample chips arrived from TSMC on September 1 performing within 2-3% of simulations, and Yee Jiun Song, the VP overseeing Meta's custom silicon program, said each generation delivers better performance per watt and per dollar than current Nvidia offerings running the same AI models. Meta is developing the chips with Broadcom on design and TSMC on manufacturing, part of a broader push to diversify its silicon supply and reduce reliance on Nvidia.