Meta Platforms shares edged higher following a landmark $50 billion AI chip deal with Nvidia to power its 2026 "Superintelligence Era." The company is also reportedly reviving its dormant smartwatch project to create a dedicated hardware ecosystem for its future Llama 5 AI models.
- The Nvidia partnership secures critical infrastructure for Meta’s massive $115–$135 billion projected capital expenditure.
- A new smartwatch launch is planned for 2026, designed to integrate directly with the company's next-generation AI models.
- Meta shares closed at $643.22 (+0.61%) as the market reacted to the strategic infrastructure and hardware updates.