Meta is negotiating billions in deals for Google's TPUs starting 2027, aiming to reduce reliance on Nvidia's GPUs for AI workloads, causing Nvidia's stock to drop 4%. This reflects tech giants' push for custom chips amid rising competition. Nvidia counters with a $20B Groq deal, bolstering its AI inference edge.
Meta Negotiates Billions in Google TPU Deals, Nvidia Stock Drops 4%
