GOOG After-Hours Rally & Meta TPU Talks: Market Impact Analysis

On November 24, 2025, GOOG shares rose ~2% in after-hours trading to $327 amid reports Meta is considering Google’s Tensor Processing Units (TPUs) for its data centers [3]. This news confirmed by Bloomberg [1] and The Information [2] triggered a short-term ~2.05% drop in NVDA shares [0]. GOOG has rallied 90.67% over six months (March-November 2025) driven by AI optimism [0]. The Meta deal, if finalized, could position Google as a credible rival to NVDA in the AI chip market [1].

1. AI Chip Competition
   : Google’s TPU push (including potential Meta deal) marks a significant challenge to NVDA’s dominance, though NVDA’s market cap ($4.39T) remains higher than GOOG’s ($3.87T) [0].
2. FOMO Risk
   : Reddit users expressed FOMO for GOOG shares [3], aligning with the stock’s rapid rise and above-average trading volume [0].
3. Unsupported Claim
   : The assertion that GOOG will surpass NVDA as the largest company by year-end is not backed by current market cap data [0].

• Risks
  : Execution risk for the Meta deal (not finalized), FOMO-driven overvaluation, NVDA’s competitive response (e.g., new chip launches) [1][2][3].
• Opportunities
  : Google could expand its AI chip revenue stream; Meta may benefit from cost savings via TPUs [2].

GOOG’s after-hours rally reflects investor optimism about its AI chip potential. The Meta TPU talks are a positive signal but carry execution risk. NVDA’s short-term drop is likely a reaction to increased competition, though its market position remains strong. FOMO is a notable risk factor for GOOG investors. No prescriptive investment recommendations are provided.