Wallace Weitz’s Weitz Investment Management Cuts Its Stake in Meta Platforms (META)

With significant hedge fund interest, Meta Platforms, Inc. (NASDAQ:META) secures a spot on our list of the 11 best AI infrastructure stocks to buy right now.

Wallace Weitz’s Weitz Investment Management Cuts Meta Platforms (META) Its Stake in Meta by 7,000 Shares

Photo by Alexander Shatov on Unsplash

On November 12, 2025, Wallace Weitz’s Weitz Investment Management, Inc. cut its stake in Meta by 7,000 shares (-2.06%). Earlier, on November 7, 2025, Reuters reported that Meta Platforms, Inc. (NASDAQ:META) unveiled plans to invest at least $600 billion in U.S. infrastructure and jobs by 2028. As it strives to build the computing capacity required to achieve its superintelligence ambitions, the company looks to utilize this expenditure on AI data centers as well.

Previously, the company discussed its plans with U.S. President Donald Trump to invest at least $600 billion in the U.S. over the next several years. Additionally, Meta Platforms, Inc. (NASDAQ:META) has already finalized a $27 billion financing deal with Blue Owl Capital to fund its Louisiana data center. The data center project is the company’s largest project globally. Moreover, in October, it announced a $1.5 billion investment in a Texas facility.

Additionally, Meta Platforms, Inc. (NASDAQ:META) reported its Q3 2025 results on October 29. The quarter marked a 26% YoY revenue growth, taking revenue to $51.2 billion. Its Ad revenue reached $50.1 billion, a 26% increase driven by a 14% growth in ad impressions and a 10% higher average price per ad. Furthermore, conversion gains of 2%-14% were recorded by its AI-powered ad tools, particularly its Lattice and Andromeda model upgrades.

Meta Platforms, Inc. (NASDAQ:META) has increased its full-year 2025 capital expenditure guidance from the $66 billion to $72 billion range to $70 billion to $72 billion, driven by growing compute needs for AI infrastructure.

Meta Platforms, Inc. (NASDAQ:META) develops products that enable connections and sharing through mobile devices, virtual reality headsets, and wearables globally.

While we acknowledge the potential of META to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than META and that has 100x upside potential, check out our report about this cheapest AI stock.

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