Nvidia(US:NVDA) Mei Ri Jing Ji Xin Wen·2025-11-26 03:05Core Viewpoint - Nvidia claims to maintain a significant technological lead in the AI sector, asserting it is the only platform capable of running all AI models across various computing scenarios [1][2]. Group 1: Nvidia's Market Position - Nvidia's statement comes in response to concerns from Wall Street regarding potential threats to its dominance in AI infrastructure from Google's chip developments [2]. - Despite Nvidia's strong performance in the AI chip market, holding over 90% market share, there is increasing attention on Google's self-developed TPU chips as viable alternatives to Nvidia's Blackwell chips [5]. - Nvidia's CEO Jensen Huang expressed concerns about the company's high market expectations, indicating that even a slight miss in performance could lead to significant market repercussions [5][6]. Group 2: Stock Performance and Market Reaction - On November 25, Nvidia's stock price fell over 7% during trading, resulting in a market capitalization loss of nearly $350 billion, closing at $177.82, the lowest in over two months [6]. - The stock has decreased approximately 16% from its historical high of $212 per share on October 29, leading to a total market value loss exceeding $800 billion [6]. Group 3: Competitive Landscape - The recent launch of Google's Gemini 3 model, which reportedly surpasses OpenAI's GPT models, has shifted market sentiment, raising concerns about Nvidia's future order prospects linked to OpenAI [5][9]. - Analysts suggest that Nvidia may need to provide stronger evidence of sustained AI demand to reassure investors about the stability of the AI market and dispel concerns of a potential bubble [9].