Meta stock slips into the weekend as Google AI chip deal report adds to spending focus
Meta shares closed at $648.18, down 1.34% Friday after reports of a multi-billion-dollar deal to rent Google’s AI chips. CFO Susan Li sold 55,702 shares on Feb. 24, per SEC filings. An EU court adviser backed regulators in an antitrust dispute with Meta. The White House will meet with Meta and others on March 4 over data center power use.