Nvidia Stock Drops on Rumored Google–Meta Chip Deal. Should Investors Be Worried?
Are some of Nvidia's biggest customers on the verge of a revolt that will upend the AI industry?Nvidia (NVDA 4.01%) stock is pulling back in Tuesday's trading as investors react to some big news in the tech sector. The artificial intelligence (AI) hardware leader's share price was down 4.3% as of 2:30 p.m. ET and had been down as much as 7.1% earlier in the session. According to a new report from The Information, Meta Platforms is lining up to purchase Alphabet's tensor processing units (TPUs). Should Nvidi ...