Meta deal for millions of Nvidia chips is big — these 2 charts illustrate why

Meta Platforms ' pledge to spend billions of dollars on Nvidia chips is a much-needed shot in the arm for the AI semiconductor giant and its recently middling stock. Nvidia's scorching multiyear rally had cooled off in recent months, as investor dollars moved into other buzzy corners of the chip market like memory and storage, and Google's impressive AI models built on its in-house chips fanned competition concerns. But now, Meta's commitment to Nvidia should remind the market of Nvidia's technology advanta ...