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The optimized structure of Pd3M2Se2 (M = Pb and Sn) compounds is used to explore the M‐Site cation variation. Density functional theory (DFT) using generalized gradient approximation (GGA) with Hubbard potential (GGA+U) and Wu and Cohen (GGA+WC) functionals are used to examine the physical characteristics. The chemical stability is indicated by negative values for the formation energy and obtained...