Nvidia stock takes 2.7% hit on reports of potential Meta-Google chips deal — What we know

Artificial intelligence (AI) chipmaker Nvidia's stock took a 2.7% hit on reports that tech giants Meta and Alphabet are in discussions for Google chips, Bloomberg reported on 25 November. Mark Zuckerberg's Meta Platforms is in talks with Alphabet to rent Google Cloud's chips from next year and to spend billions for the chips in its data centres from 2027, according to a report by The Information, citing sources. Notably, Meta has been among Nvidia's biggest customers since 2022. In 2025, the company announc ...