$Meta’s CapEx update is bullish for the broader AI infrastructure demand that $IREN is selling into.

First reported Oct 21, 2026, 20:11 UTC

Source reports

$Meta’s CapEx update is bullish for the broader AI infrastructure demand that $IREN is selling into. Meta just confirmed it is still accelerating spend on AI data centers, servers, and compute, narrowing full-year 2026 CapEx higher to $135–145B (from $130–145B) after spending… — @datacentrebull (X), Oct 21, 2026, 20:11 UTC

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