How this Google report has wiped away $150-plus billion from Nvidia's market value

Nvidia's market value plunged over $150 billion following a report that Meta is exploring Google's AI chips. Meta, a major Nvidia customer, might rent Google's TPUs soon, potentially integrating them by 2027. This news boosted Alphabet's shares, signaling increased competition in the AI chip sector.

How this Google report has wiped away $150-plus billion from Nvidia's market value
Nvidia's market value plunged over $150 billion following a report that Meta is exploring Google's AI chips. Meta, a major Nvidia customer, might rent Google's TPUs soon, potentially integrating them by 2027. This news boosted Alphabet's shares, signaling increased competition in the AI chip sector.