🟢 Meta Platforms is trading 12% up today on EU regulatory findings and Iris AI chip optimism

Meta Platforms is trading at ARS 44,240 (+11.77%) as buyers react to EU regulatory scrutiny and optimism surrounding proprietary AI hardware.

• The European Commission issued a preliminary Digital Services Act (DSA) finding regarding addictive product design, keeping the company under intense regulatory focus.
• Investor sentiment continues to be bolstered by recent optimism surrounding the development of Meta’s proprietary Iris AI chip.
• The sharp move in the Argentine listing occurs despite a mixed backdrop of broader tech sector weakness.