Report on Chip Deal Between Meta and Google: Nvidia Crashes on Wall Street - Nvidia’s stock plunges 6.35% amid Meta’s potential AI chip shift
Shares in Nvidia fell sharply on Tuesday after reports suggested Meta might partner with Google for AI chips. The drop raised concerns about the stability of the artificial intelligence market. Investors reacted quickly to the news.
The decline began shortly after trading opened on the New York Stock Exchange. Nvidia’s share price dropped 6.35% to $170.96 (around €148).
The sudden drop in Nvidia stock highlights the volatility in the AI sector. If Meta moves forward with Google’s TPU chips, the shift could reshape competition among tech firms. For now, the market remains uncertain as investors watch for further developments.
