Meta Doubles Louisiana AI Data Center to 5 GW, Investment Tops $50B
META sits 26% above its 52-week low of $520.26.
Summary
Meta is more than doubling its Louisiana AI data center to 5 GW, with total investment now exceeding $50 billion. This is a massive scale-up from the prior 2 GW plan and signals an even more aggressive AI infrastructure buildout than previously disclosed. The project has already awarded $1.6 billion in local contracts and plans over $1 billion in local infrastructure, with tangible community impact like teacher bonuses. This follows a series of escalating capex commitments—$135B for 2026, then $145B—and a recent server supply deficit memo, underscoring the urgency. The sheer size of this single project, rivaling the largest global AI builds, makes it a material development for Meta's competitive positioning and capital allocation.
At the time of this announcement, META was trading at $656.50 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.7T. The 52-week trading range was $520.26 to $796.25. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: dpa-AFX.