Meta Pours $50B Into Louisiana Data Center, Scaling to 5GW
META sits 29% above its 52-week low of $520.26 on elevated volume (2.3× avg).
Summary
Meta is expanding its Richland Parish, Louisiana data center to 5GW of compute capacity, committing over $50 billion to the region. This follows a series of massive AI infrastructure moves, including a $145 billion capex forecast for 2026 and a multi-year cloud deal with Amazon. The scale of this single-site investment underscores the urgency of Meta's AI buildout amid a disclosed server supply deficit. Over $1 billion in local infrastructure and 1,000+ operational roles sweeten the political and regulatory path for a project of this size.
At the time of this announcement, META was trading at $668.69 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: Reuters.