Meta Platforms Extends MTIA Chip Partnership Through 2029 Multi-Gigawatt Buildouts
Meta Platforms expanded its MTIA chip development and deployment agreement with Broadcom through 2029, encompassing multiple chip generations and multi-gigawatt buildouts. Mizuho analysts estimate each gigawatt will drive roughly $25 billion in hardware revenue for Broadcom, underscoring Meta’s large-scale AI infrastructure investment.
1. MTIA Partnership Extension
Meta Platforms has extended its MTIA AI chip development and deployment agreement with Broadcom through 2029, covering multiple chip generations and multi-gigawatt capacity expansions.
2. Deal Financials
Analysts project that each gigawatt of capacity under this agreement equates to approximately $25 billion in hardware revenue for Broadcom, reflecting significant capital commitments by Meta.
3. AI Infrastructure Implications
This multi-year, multi-gigawatt collaboration positions Meta to scale its TPU v8 and future chip deployments beginning in 2027, bolstering its AI compute capabilities.