Meta shares jumped roughly 8% as its custom Iris AI chip, cloud business plans, and $125B-$145B capex strategy eased investor concerns over AI spending.

Meta, Nvidia, and Palantir are at the center of a market debate over AI capex fatigue after $1T in market cap evaporated from top tech stocks.

Meta Platforms stock dropped 11% in June 2026 amid investor concerns over $125-145 billion AI capex guidance, while stablecoin and prediction market plans