Alphabet Just Delivered Bad News for Nvidia Stock Investors
Google parent company, Alphabet, is coming for Nvidia in one of the world's most lucrative hardware markets.This day was inevitable. Hyperscalers like Alphabet (GOOG +0.29%)(GOOGL +0.26%), Amazon, and Microsoft have spent billions of dollars designing their own data center chips for artificial intelligence (AI) workloads, but until now, their hardware didn't hold a candle to Nvidia's (NVDA +0.86%) industry-leading graphics processing units (GPUs).On Nov. 18, Alphabet launched its new Gemini 3 AI model. It w ...