J P M O R G A N North America Equity Research 13 July 2026 Hardware & Networking Weekly Tech Talk: Meta News Blitz and Frontier Model Race to Ease DC Capex Fears; +VE Investor Sentiment Building for CLS, FN, LITE Key Themes Emerging from the Week (July 6-10) Plethora of announcements from Meta to ease data center capex fears. Over the course of the past week, Meta dominated the headlines with several key announcements: 1) Entry into the frontier model race with Muse Spark 1.1 (see blog here); 2) confirmed p ...