Did Meta Platforms Just Say Checkmate to Nvidia?

Key Points Meta wants to build its own AI accelerator chips to compete with Nvidia. This will be a long process, but it's not without precedent in the industry. Other companies have done this, but Nvidia's business has been just fine. 10 stocks we like better than Meta Platforms › Some say data is the new oil. This is especially true in the artificial intelligence (AI) space, where increased computing costs are the primary bottleneck on growth. As many readers will know, Nvidia (NASDAQ: NVDA) has ...