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
€482.65
3.440%
With 12 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 645 € there is a positive potential of 33.64% for Meta Platforms Inc. compared to the current price of 482.65 €.
