/ / Google chips threaten Nvidia: Stock drops $250B; claims 'we lead industry'

Google chips threaten Nvidia: Stock drops $250B; claims 'we lead industry'

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Nvidia's dominance in AI chips faced a significant challenge as Meta reportedly considers billions in spending on Google's competing AI processors. This news sent Nvidia's stock plummeting, while Alphabet's shares climbed. Google's TPUs are emerging as a credible alternative, potentially disrupting Nvidia's market hold.

from Times of India https://ift.tt/ipDQt4n
https://ift.tt/UZ1HTwf Nvidia's dominance in AI chips faced a significant challenge as Meta reportedly considers billions in spending on Google's competing AI processors. This news sent Nvidia's stock plummeting, while Alphabet's shares climbed. Google's TPUs are emerging as a credible alternative, potentially disrupting Nvidia's market hold.

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