Why Nvidia Stock Just Crashed
Don't look now, but the AI market just shifted -- and Nvidia (NASDAQ: NVDA) investors are scared.
Bloomberg reports (NASDAQ: META) is in talks to purchase Tensor Processing Units (TPUs) designed by (NASDAQ: GOOG) (NASDAQ: GOOGL) for use in Meta's artificial intelligence data centers -- instead of buying Graphics Processing Units (GPUs) from Nvidia.
Alphabet stock is obviously up on the news, as is Meta stock -- but Nvidia shares just fell 6.1% through 10:35 a.m. ET.
Source Fool.com
Meta Platforms Inc. Stock
€540.90
0.410%
We see a rather positive sentiment for Meta Platforms Inc. with 9 Buy predictions and 2 Sell predictions.
As a result the target price of 652 € shows a positive potential of 20.54% compared to the current price of 540.9 € for Meta Platforms Inc..
