Meta (META)’s Data Center is a “Big, Hard Thing to Do,” Says Jim Cramer

Group 1 - Meta Platforms, Inc. (NASDAQ:META) is actively investing in AI infrastructure despite not being a major player in cloud computing, differentiating itself from competitors like Google and Amazon [2] - The company is building a significant data center in Louisiana, with initial costs estimated at $10 billion, which have reportedly increased to $27 billion [3] - Analysts, including TD Cowen, have noted that while Meta is cutting back on metaverse spending, it continues to invest heavily in AI infrastructure, maintaining a Buy rating with a target price of $810 per share [2] Group 2 - The discussion around Meta's infrastructure investments highlights the challenges and scale of such projects, with comparisons made to the size of Queens [3] - There is a belief among some analysts that other AI stocks may offer greater potential for higher returns compared to Meta, despite its ongoing investments [3]