Meta Platforms Jumps 9% on Potential Plans to Sell AI Compute, Challenging Amazo

Meta Platforms (META) stock surged 9% to $613 after Bloomberg reported plans to sell excess AI compute, reframing Meta Platforms' massive capex as a potential revenue stream.

CoreWeave (CRWV) stock dropped 12% as investors fear a well-capitalized hyperscaler entering raw-compute rental would crush pricing for pure-play providers.

Polymarket assigns an 84% probability that META hits $620 in July, but analysts advise keeping position sizes modest until Meta Platforms officially confirms the plan.

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Shares of Meta Platforms (NASDAQ:META) are up 9% to $613 in morning trading, marking one of the sharpest single-session moves for the stock this year. The catalyst is a Bloomberg report that the company is building a cloud infrastructure business to sell its excess AI computing capacity to outside customers. If confirmed, the shift would put Meta Platforms into direct competition with the biggest names in cloud.

The jump reframes a stock that had been under sustained pressure. Meta Platforms stock is still down 7.45% year to date, as investors qu

Fuente original: Yahoo Finance (https://finance.yahoo.com/technology/ai/articles/meta-platforms-jumps-9-potential-143138489.html)