Why did Wall Street suddenly warm to Meta's massive AI spending?
Bank of America analyst Justin Post said Meta appeared to have engineered cost savings that pushed its AI capacity cost per megawatt 'well below' Street expectations, per CNBC — reframing years of feared overspending as infrastructure Meta can now resell rather than write off as pure overhead.
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Meta Just Had Its Best Stock Week Since 2024 — Because It's Selling AI Compute NowMeta shares surged 15% in a week, erasing 2026 losses, after new AI models and plans to resell excess compute through a Meta Compute cloud unit.
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