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Why NVDIA, AMD and Super Micro Computer Are Down Big Today
Nvidia lost nearly $200 billion in market value as investors reacted to Google pitching tensor processing units to clients beyond cloud use, challenging Nvidia's AI chip dominance.
- Shares of Nvidia, the AI chipmaker, fell on Tuesday, erasing nearly $200 billion in market value and dropping 4.3% as of 2:30 p.m. ET.
- Last week, Google released Gemini 3, trained on TPUs rather than Nvidia GPUs, and a report late on Monday said Google pitched TPUs to clients including Meta.
- Nvidia said its tech remains a generation ahead and in a post argued `NVIDIA offers greater performance, versatility, and fungibility than ASICs`.
- Shares of related tech firms fell, with CoreWeave and Nebius down about 3.1%, Super Micro Computer dropping 3.7%, and Oracle losing 2%, while AMD fell 7.5% and Alphabet rose 0.5%.
- Despite Nvidia's dominance with over 90% market share, cloud hyperscalers including Alphabet, Microsoft, Meta Platforms, and Amazon are designing their own chips, and Google Cloud executives estimate TPUs could capture roughly 10% of Nvidia's annual revenue.
Insights by Ground AI
15 Articles
15 Articles
Nvidia says it’s ‘a generation ahead’ amid early signs of AI chip rivalry with Google. How this could unfold
Nvidia claims its chip technology is "a generation ahead" of the industry amid market concerns over Google’s AI chip advances and Meta’s potential deal with Google, impacting Nvidia’s AI infrastructure dominance.
·India
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Why NVDIA, AMD and Super Micro Computer Are Down Big Today
Quick Read Nvidia (NVDA) erased $300B in market cap after Meta entered advanced talks to buy billions in Google chips instead. AMD dropped 6.4% and is down 22% over one month as Google’s TPU alternative shifts AI chip competition dynamics. Super Micro Computer fell 2.5% and has lost nearly 40% over the past month while struggling with accounting issues. It sounds nuts, but SoFi is giving new active invest users up to $1k in stock, see for yo…
·New York, United States
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Coverage Details
Total News Sources15
Leaning Left3Leaning Right1Center3Last UpdatedBias Distribution43% Left, 43% Center
Bias Distribution
- 43% of the sources lean Left, 43% of the sources are Center
43% Center
L 43%
C 43%
14%
Factuality
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