A Reuters report says Meta plans to start manufacturing its custom "Iris" AI chip in September as part of its MTIA effort, with Broadcom contributing to the design and TSMC handling fabrication. The report also says Meta is aiming to expand total computing capacity to 14 gigawatts next year, which helps explain why the news spread across X through posts like Andrew Curran's summary and a more incredulous quote-post from @zephyr_z9.