GOOG After-Hours Rally & Meta TPU Talks: Market Impact on NVDA and META

On November 24, 2025 (EST), Alphabet Inc. (GOOG) shares rose ~2% in after-hours trading to $327 following reports Meta Platforms (META) is considering deploying Google’s Tensor Processing Units (TPUs) in its data centers [6]. This development was corroborated by Digitimes, noting Google’s TPU business expansion [1].

• GOOG
  : Closed up 1.62% at $323.64, with a 29.91% gain from mid-September to late November [0]. Its market cap stands at $3.91T [0].
• NVDA
  : Fell 2.59% to $177.82, reflecting competitive concerns over Google’s TPUs [0]. NVDA’s market cap ($4.33T) remains higher than GOOG’s, contradicting Reddit’s claim of GOOG surpassing NVDA by year-end [0].
• META
  : Rose 3.78% to $636.22, driven by expected cost savings from reducing NVIDIA GPU reliance [0,6].

1. GOOG’s AI Momentum
   : The 29.91% gain in 2.5 months signals strong investor confidence in its AI strategy, including Gemini 3 reception [0].
2. NVDA’s Competitive Pressure
   : Gurufocus highlights NVDA’s efforts to defend GPU leadership amid TPU competition [2].
3. META’s Cost Savings
   : Potential TPU adoption could boost META’s EPS by reducing GPU costs [6].

• NVDA
  : Growing competition from Google’s TPUs may erode market share [2].
• GOOG
  : The 29.91% rally may be unsustainable if the Meta deal fails [0].
• META
  : Deal uncertainty could lead to price corrections if talks stall [6].

• GOOG
  : TPU adoption by Meta could drive significant revenue growth [1].
• META
  : Cost savings from TPUs may enhance profitability [6].

This summary provides objective data for decision-making without prescriptive recommendations.