Meta's expanded AI chip partnership with Broadcom lifts afternoon stock market sentiment, boosting Teladoc and ACV Auctions shares

Meta Platforms extended its partnership with Broadcom to deploy custom AI chips, signaling continued investment in AI infrastructure

Positive sentiment from Meta's announcement triggered broad stock gains in the afternoon trading session

Teladoc and ACV Auctions were among the stocks that traded higher following the improved market sentiment

The move reflects growing competition among tech heavyweights to develop proprietary AI hardware solutions