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Mark Zuckerberg · HamburgAlphabet CEO Sundar PichaiGetty ImagesNvidia and AMD shares dropped sharply Tuesday on a report that Meta could buy Google's AI chips.Shares of Nvidia tumbled 6% and AMD lost 10%.Alphabet stock, meanwhile, has surged this week as the company gains dominance in the AI trade.It's increasingly looking like Nvidia isn't the only game in town when it comes to AI-enabling hardware.Nvidia stock dropped on Tuesday as investors took in a report that Meta…See the Story
Nvidia and Other Big Chipmaker Stocks Are Tanking as AI Competition From Google Heats Up
Coverage: 9 sources
GoogleQuick 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…See the Story
Why NVDIA, AMD and Super Micro Computer Are Down Big Today
Coverage: 7 sources
