Internal Meta memo reveals long-term supply agreements signed with SanDisk, Samsung, and Sumitomo Electric, aiming to double computing capacity by 2027.

A leaked internal memo from Meta sent ripples through the market: the company plans to deploy 7 gigawatts (GW) of AI computing capacity in 2026, doubling it to 14 GW in 2027, with annual capital expenditures soaring to $145 billion. Meta has already signed long-term supply agreements with SanDisk, Samsung, and Sumitomo Electric. Following the disclosure, SanDisk’s stock surged more than 6.8% in a single day, triggering a broad rebound across the storage sector, while Meta itself fell 2.2% amid concerns over its massive spending—highlighting how 'chipflation' is driving tech giants and their suppliers toward starkly divergent fortunes.

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