Meta Considering Google TPUs: Impact on GOOG, NVDA, and META Stocks
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Meta Platforms (META) is in talks to adopt Google’s Tensor Processing Units (TPUs), potentially reducing reliance on NVIDIA’s GPUs. This news impacted after-hours trading for GOOG, NVDA, and META.
- GOOG: Up 1.62% to $323.64 due to increased demand for its TPUs.
- NVDA: Down 2.59% to $177.82 over concerns of losing Meta as a key customer.
- META: Up 3.78% to $636.22, driven by expected cost savings from TPU adoption.
Reddit users express FOMO on GOOG shares, with comments like ‘I’m about to FOMO some hard.’
| Stock | Price | Change |
|---|---|---|
| GOOG | $323.64 | +1.62% |
| NVDA | $177.82 | -2.59% |
| META | $636.22 | +3.78% |
- NVDA faces risk of losing major customers to Google’s TPUs.
- GOOG’s gains depend on Meta finalizing the TPU deal.
- FOMO-driven investing in GOOG may lead to volatility if the deal doesn’t materialize.
Insights are generated using AI models and historical data for informational purposes only. They do not constitute investment advice or recommendations. Past performance is not indicative of future results.
About us: Ginlix AI is the AI Investment Copilot powered by real data, bridging advanced AI with professional financial databases to provide verifiable, truth-based answers. Please use the chat box below to ask any financial question.