According to foreign media reports, amid an unprecedented component shortage, Meta is on track to start making the latest versions of its AI-specific chip in September in order to lower its GPU costs. The company plans to double its computing capacity to 14 gigawatts next year. It is said that Meta is working with Broadcom on the chip design, but it will use Taiwan Semiconductor Manufacturing Company (TSMC) to manufacture them. It is also buying RAM from Samsung, storage from Sandisk, and fiber-optic equipment from Sumitomo Electric, according to the report.