Meta's Potential Google TPU Deployment: Market Impact on GOOG, NVDA, and META

On November24,2025, a Reddit post ([1]) reported Alphabet Inc.'s (GOOG) shares rose ~2% in after-hours trading to $327 following news Meta Platforms (META) is in talks to deploy Google’s TPUs in data centers. Insider Monkey confirmed Meta’s exploratory talks ([2]), noting Bank of America’s estimate that NVDA’s AI chip market share could decline from85% to75% if Meta adopts TPUs. GOOG has rallied ~29.91% since mid-September ([6]), driven by Gemini3 reception and AI chip momentum. Real-time data shows GOOG at $320.12 ([3]), NVDA at $176.51 (-2.08% recent change [4]), and META at $647.95 (+2.26% [5]).

1. Cross-Sector Impact
   : Meta’s potential TPU use links AI chip competition (GOOG vs NVDA) to social media cost optimization (META).
2. Market Cap Reality
   : Contrary to some Reddit claims, GOOG’s current market cap ($3.86T [3]) is lower than NVDA’s ($4.30T [4]), making a year-end overtaking unlikely.
3. Ecosystem Dynamics
   : NVDA’s CUDA platform lock-in remains a barrier despite competition ([2]), balancing the risk of market share loss.

• GOOG: New revenue stream from TPU sales/rentals to Meta ([2]).
• META: Cost savings could boost EPS ([5]).

• NVDA: Competitive pressure from Google’s TPUs may reduce market share ([2]).
• GOOG: Execution risk in scaling TPU production to meet Meta’s demand ([2]).
• META: Integration risks associated with switching to TPUs ([2]).

• GOOG
  : +29.91% since mid-Sept ([6]), market cap $3.86T ([3]).
• NVDA
  : -2.08% recent change ([4]), market cap $4.30T ([4]).
• META
  : +2.26% recent change ([5]), market cap $1.63T ([5]).
• Market Share
  : NVDA’s AI chip share could drop to75% ([2]).