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

Nvidia's stock plummeted by $250 billion after reports surfaced of Meta Platforms considering significant spending on Google's competing AI chips. This move signals a potential shift in the AI hardware market, with Google's TPUs emerging as a credible alternative to Nvidia's dominant position.

Google chips threaten Nvidia: Stock drops $250bn; claims 'we lead industry'
Nvidia's stock plummeted by $250 billion after reports surfaced of Meta Platforms considering significant spending on Google's competing AI chips. This move signals a potential shift in the AI hardware market, with Google's TPUs emerging as a credible alternative to Nvidia's dominant position.