SoFi needs to move back up and break through its 'red zone' to indicate a potential for further gains.
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AI Stocks Go WILD After Shocking Meta News Leaks.
Jul 9, 2026
The creator discusses a leaked internal Meta memo that significantly impacted AI stocks. The memo revealed Meta's plans to double its AI computing capacity by 2027 and begin manufacturing its in-house Iris AI chip in September. This news is driving demand for companies involved in Meta's AI chip supply chain, such as Broadcom, TSMC, Samsung, SanDisk, and Sumitomo, while Meta and Nvidia are down.
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Tickers discussed in this post
Robin Hood needs to break above the $118 threshold to signal a potential trend reversal.
Amazon, like other hyperscalers, is expected to move similarly to Meta due to interconnectedness, implying potential downside.
Lam Research is up 10% as Meta's increased AI spending and chip production plans drive demand for its equipment.
SanDisk is up over 24% from its recent low, with a 7% gain today, as Meta's AI chip production will require its flash storage.
Samsung is positioned to supply memory chips for Meta's new Iris AI chip, benefiting from increased demand.
TSMC is set to become a major manufacturer for Meta's Iris AI chip, driving significant demand for its services.
Broadcom is expected to benefit significantly as Meta plans to partner with them for manufacturing its new Iris AI chip.
Marvel is up 7% following Meta's AI news, indicating increased demand for its products in the AI infrastructure supply chain.
Intel is up 5% due to Meta's significant AI spending plans, highlighting its role in the AI supply chain.
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