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Nvidia Corp. (NVDA, Financials) shares fell 1.78% on Friday, closing at $144.60 as of 11:55 am GMT-5.
The fall followed a statement by Meta Platforms (META, Financials) CEO Mark Zuckerberg on the major AI investment plan of the business.
Zuckerberg said in a public post 2025 as a "defining year for AI" and underlined Meta's intentions to create sophisticated AI model Llama 4 and assign an AI engineer to support its initiatives on research and development. With 1GW of computational power slated to come online in 2025, the announcement also included Meta's commitment to building a 2GW+ data center. By the end of that year, the facility will host over 1.3 million GPUs.
Emphasizing its emphasis on artificial intelligence and infrastructure development, Meta aims to spend $60 to 65 billion in capital expenditures in 2025. According to Zuckerberg, the money is meant to propel Meta's main offerings as well as expand American technological supremacy.
Key GPU provider Nvidia has been crucial in the development of artificial intelligence infrastructure all around. Meta's disclosure emphasizes even more the growing need for GPUs as businesses raise their capacity for artificial intelligence.
This article first appeared on GuruFocus.