Meta unveils Muse Spark AI model as Bank of America projects semiconductor industry will reach $1.3 trillion in revenue by 2026

Meta Platforms (META) launched its new Muse Spark AI model, marking another step in the company's AI development strategy

Bank of America raised its 2026 semiconductor industry revenue forecast to $1.3 trillion, signaling strong growth expectations in the chip sector

Yahoo Finance's Market Minute highlighted these developments as significant moving stocks and major market stories impacting today's trading action