TrillionDollarBreaks – Meta Platforms Inc. (NASDAQ: META) Moves to Challenge Nvidia (NASDAQ: NVDA) Reportedly Considering $200 Billion AI Data Center Project
Meta Platforms (NASDAQ: META) is reportedly in discussions to build a new data center campus dedicated to its artificial intelligence projects, with potential costs exceeding $200 billion. The company is considering locations in Louisiana, Wyoming, or Texas, with senior leaders having visited potential sites this month. However, a Meta spokesperson denied the report, stating that their data center plans and capital expenditures have already been disclosed and that anything beyond that is "pure speculation." As of 8:56 AM EST on February 26, 2025, Meta Platforms' stock is trading at $657.50, reflecting a decrease of $10.61, or 1.59%, from the previous…