With Meta reportedly exploring a major chip deal with Google, and Anthropic already buying a million TPUs, Big Tech is suddenly looking beyond Nvidia’s GPUs. Google’s AI chips are cheaper, efficient, and gaining traction. This led to a significant crash in Nvidia’s stock price, which ended at around 2.6% in the red. There are four reasons for the Nvidia stock crash: Non-Nvidia chips are cheaper, they offer better performance, and they are more versatile. Despite the increasing interest in Google chips, Nvidia has ensured that its market value in the AI sector remains untouched. Nvidia isn’t backing down, reminding investors they’re still “a generation ahead,” backed by CUDA and years of ecosystem lock-in. Palki Sharma tells you more.
Credit to : Firstpost