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

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/xOby3kX