Is Google ready to dethrone Nvidia’s dominance in chips and OpenAI’s dominance in artificial intelligence (AI)? This is a bet Wall Street has been making for some time. This phenomenon intensified on Tuesday, November 25, causing Nvidia to fall almost 7% in the session. The leading semiconductor company for AI ended in the red at 2.6%, down more than 16% since its peak reached in late October. Companies whose valuation exceeds 5,000 billion dollars (4,330 billion euros) are no longer worth “only” around 4,300 billion.
In contrast, Alphabet, Google’s parent company, broke records with its share price doubling in five months. It’s worth more than $3.8 trillion and, if momentum continues, should join the group of companies worth more than $4 trillion like Nvidia and Apple. The market reacts to the articles published by the site Information revealed that Google is negotiating with Meta, Mark Zuckerberg’s company, to sell its microprocessors known as tensor processing unit (TPU). They are one of the rare alternatives to GPUs (graphics processing unit) from Nvidia, which controls 90% of the market.
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