Meta announced its CFO, Susan Li, while also confirming its listing on Nasdaq, partnering with Broadcom on custom chips, and receiving financial estimates from BofA.
1 report, 1 independent
Updated Sep 17
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What happened
Meta announced its CFO, Susan Li, while also confirming its listing on Nasdaq, partnering with Broadcom on custom chips, and receiving financial estimates from BofA.
Who's involved
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The entities involved
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Meta
American technology company
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Broadcom
American semiconductor manufacturer
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Bank of America
American multinational banking and financial services corporation
Related events
- Meta and Tesla faced scrutiny after spending reports, while BofA maintained a Buy rating on Meta stock.
- Meta is partnering with Broadcom and TSMC to manufacture custom AI chips, aiming to reduce reliance on expensive GPUs from Nvidia and AMD.
- A trial against Meta is underway, presided over by Yvonne Gonzalez Rogers and co-led by Rob Bonta.
- Meta appointed Alexandr Wang as AI chief and Susan Li as Chief Financial Officer.
- AMD and Meta are identified as leaders in the AI infrastructure sector, with Meta leveraging AI for growth.