Meta to Begin Producing Iris AI Chip in September, Targeting a Doubling of Computing Capacity

Meta Platforms will start manufacturing its first in‑house artificial‑intelligence processor, code‑named Iris, in September. The chip is part of the Meta Training and Inference Accelerator (MTIA) programme and is being designed with Broadcom and fabricated by Taiwan Semiconductor Manufacturing Co. (TSMC). Testing was completed in six weeks without major issues. Meta plans to use Iris to cut reliance on Nvidia and AMD GPUs and to lower the cost of its AI data‑center infrastructure.

The company aims to raise its AI compute capacity from about 7 gigawatts this year to 14 gigawatts by 2027, effectively doubling its power within two years. Meta has earmarked up to $145 billion for AI infrastructure in 2026 and has secured long‑term supply deals for memory, flash storage and fiber‑optic components. The firm also intends to launch a new generation of AI chips roughly every six months through 2027 to keep pace with growing AI workloads.