---
title: "Meta Is Building a $1.5 Billion Data Center in Texas"
description: "Meta is investing $1.5 billion in a new data center in Texas, following its earlier announcement of a $50 billion project in Louisiana. The company plans to allocate up to $72 billion this year for ca"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/261322741.md"
published_at: "2025-10-15T21:15:00.000Z"
---

# Meta Is Building a $1.5 Billion Data Center in Texas

> Meta is investing $1.5 billion in a new data center in Texas, following its earlier announcement of a $50 billion project in Louisiana. The company plans to allocate up to $72 billion this year for capital projects, primarily focused on AI. CEO Mark Zuckerberg emphasizes the importance of AI technology for the future. Wall Street analysts have a Strong Buy consensus on META stock, with an average price target of $878.64, indicating a potential upside of 22.5%.

Earlier this year, the company announced a huge data center in Louisiana called "Hyperion," which former President Donald Trump said could cost up to $50 billion. Notably, Meta raised $29 billion for that project from Pacific Investment Management and Blue Owl Capital. The company is also working on other gigawatt-sized sites, including one in Ohio named "Prometheus."

Unsurprisingly, CEO Mark Zuckerberg believes that AI assistants will become "one of the most important and valuable services" ever created. Therefore, Meta plans to spend up to $72 billion this year on capital projects, much of it for AI. While some experts worry that companies may be building too much, Zuckerberg told *Bloomberg* in 2024 that it's better to risk overspending than miss out on what he sees as the most important technology for the next 10 to 15 years.

## **Is Meta a Buy, Sell, or Hold?**

Turning to Wall Street, analysts have a Strong Buy consensus rating on META stock based on 40 Buys, six Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average META price target of $878.64 per share implies 22.5% upside potential.

### Related Stocks

- [META.US - Meta Platforms](https://longbridge.com/en/quote/META.US.md)

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---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.