WS #11195
Meta plans to sell excess AI compute, driving shares up ~10% and addressing AI capex monetization concerns; Jefferies reiterates Buy with $825 target. Semiconductor index bleeds with TSM down 6.5% and MU under pressure after Trump policy bid fails; KMEM ETF launches targeting AI memory chip leaders.
Meta Cloud Infrastructure Monetization
Meta plans to sell excess AI compute, driving shares up ~10% and addressing AI capex monetization concerns; Jefferies reiterates Buy with $825 target.
Semiconductor index bleeds with TSM down 6.5% and MU under pressure after Trump policy bid fails; KMEM ETF launches targeting AI memory chip leaders.