Market optimism about Meta's artificial intelligence strategy grows, with the stock posting its best weekly performance since early 2024
Boosted by the market's confidence in Meta's artificial intelligence strategy, the stock rose 6% on Friday, with a cumulative gain of about 15% in a single week; Meta released the image generation model Muse Image on Tuesday. Two days later, it launched a new generation of autonomous agent model Muse Spark 1.1 on Thursday; This round of sharp rise in the stock price has completely wiped out all the losses of the stock during the year. On July 9, 2026, Meta CEO Mark Zuckerberg attended the Allen & Co.'s annual Sun Valley Media Technology Summit at Sun Valley Resort in Idaho, USA. As the market's optimism about CEO Mark Zuckerberg's artificial intelligence strategy continues to grow, Meta's stock price rose sharply on Friday, expanding its weekly gain to 15%, and is expected to set the strongest weekly market since the beginning of 2024. The multiple new products released this week show that Meta is sprinting towards the AI large model track, catching up with OpenAI, Anthropic and others that have already seized the first-mover advantage. Meta Super Intelligence Laboratory Substantial progress has been made in research and development on Douyin Encyclopedia. After this continuous rise, Meta has recovered all its losses during the year, with a cumulative increase of more than 2% during the current year; but during the same period With the index up 13%, the stock still significantly underperformed the broader market. Another good news boosted the stock price: Meta's self-developed customized AI chip project is progressing smoothly. The self-developed chip plan was disclosed in March this year along with the data center expansion plan. Reuters news shows that the first self-developed chip code-named "Iris" will start mass production in September; the company's goal is to achieve a total computing power supply of 14 gigawatts next year. Bank of America analyst Justin Post said in a research report: "Meta's self-developed chips are expected to significantly reduce the cost of computing power, and the cost of computing power per megawatt will be significantly lower than the company's own and Wall Street institutions had previously expected."