Meta CEO Mark Zuckerberg and Nvidia CEO Jensen Huang holding a chip
Meta CEO Mark Zuckerberg (L) and Nvidia CEO Jensen Huang (R).
  • Meta will reportedly own more than 340,000 of Nvidia's highly sought after H100 chips this year.
  • Meta estimates it'll have a total stockpile of 600,000 chips by end-2024, The Verge reported. 
  • CEO Mark Zuckerberg is aiming to make Meta an AI-first company.

Meta is on track to stockpile hundreds and thousands of sought-after semiconductors as it seeks to get ahead in the AI wars.