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Nvidia Shares Slide 6% on Reports of Meta Shift to Google Chips
11/25/2025, 15:07
11/25/2025, 16:36
AI SUMMARY
●• Nvidia stock falls approximately 6% amid reports Meta may switch to Google chips by 2027
●• The potential procurement shift highlights competitive pressures in the AI hardware market
●• Sell-off narrows market cap gap between Nvidia and Apple
Nvidia ($NVDA) stock has dropped approximately 6% following reports that Meta is considering using Google's custom AI chips (TPUs) for its data centers starting in 2027. This potential shift would reduce Meta's reliance on Nvidia's GPUs. The decline has narrowed the market cap gap between Nvidia and Apple, while broader US markets opened mixed with the Nasdaq underperforming.
The shift in procurement strategy by a major tech giant like Meta has triggered a negative reaction in Nvidia's market performance, impacting sentiment around the leading AI hardware manufacturer and highlighting growing competitive pressures in the AI hardware market.
[Update 1] New reports indicate the stock decline has deepened slightly to approximately 6%, reinforcing the negative market sentiment driven by Meta's potential pivot to Alphabet's hardware ecosystem.