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(New York=Yonhap Infomax) Jin Woo Choi – Shares of Nvidia Corp. (NASDAQ: NVDA) fell sharply after reports that Meta Platforms Inc., the parent company of Facebook and a major player in the artificial intelligence (AI) sector, is considering adopting AI chips developed by Google.
According to Yonhap Infomax real-time stock data (screen number 7219), as of 08:07 a.m. local time on the 25th, Nvidia shares were trading at $175.0473 in New York pre-market, down 4.11% from the previous session.
The decline follows reports that Meta is reviewing the introduction of Google-designed Tensor Processing Units (TPUs). U.S. online media outlet The Information reported that Meta is "considering using Google's TPUs in its data centers starting in 2027."
TPUs, designed by Google, are highly regarded for their AI computing efficiency and are emerging as a rival to Nvidia's graphics processing units (GPUs).
Since first launching TPUs in 2018, Google has continued to release advanced models optimized for AI workloads.
Alphabet Inc. (Class A) shares surged 4.39% to $332.5700, while Broadcom Inc. (NASDAQ: AVGO), which supports Google's TPU design and development, also saw its shares rise 4.28%.
jwchoi@yna.co.kr
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