Meta Inc. Causes Significant Losses for Nvidia
According to reports, Meta Inc. is in talks with Google regarding its AI chips.
As a result, Nvidia's stock fell by more than 4% on Tuesday,
while Meta Inc.'s stock rose by approximately 4%.
It has also been reported that Meta Inc. is considering
deploying Google's tensor processing units (TPUs) starting in 2027.
This could result in a massive loss for Nvidia, exceeding $180 billion,
as it would replace Nvidia's chips with Google's own.
This would break Nvidia's dominance in the AI chip market,
potentially leading to further declines in the stock price
in the long term if the deal is successful.
