The End of Nvidia

Nvidia has a new competitor.

Meta is exploring a deal to buy AI semiconductors from Google.

Why? Because these chips are cheaper and far more energy efficient.

Get the full story at this link.

Nvidia has commanded a +90% market share for AI chips.

Google has recently developed its own alternative – known as tensor processing units or TPUs.

Meta Platforms – the owner of Facebook and Instagram – has been a big buyer of chips from Nvidia. However, Meta is now considering using Google’s chips starting in 2027.

Shares of Nvidia traded lower on the news.

Meanwhile, shares of Google-parent company Alphabet have been making new all-time highs. The stock is now up 70% this year. That makes it the best performing big tech stock this year.

The AI revolution is still in the early innings.

One of the biggest bottlenecks is the energy required to power AI data centers.

A new clean energy technology could quickly solve the challenge.

You can get all the details right here.

Ian Wyatt