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MetaGoogle TPU Talks Rattle Chip Stocks as Nvidia Touts Lead

Selling TPUs to customers like Meta would turn Google into a direct hardware rival to Nvidia starting in 2027.

Overview

  • The Information reported that Meta is exploring a multibillion‑dollar purchase of Google’s TPUs with potential deployment in its data centers from 2027, and the talks are not finalized.
  • Nvidia shares fell more than six percent intraday on Tuesday, AMD also slid sharply, Alphabet rose, and Broadcom advanced on expectations tied to TPU demand.
  • Nvidia responded on X by asserting it is a generation ahead and the only platform that runs every AI model, yet its stock still finished the session lower.
  • Moving from renting TPU capacity via Google Cloud to selling chips to third parties would make Google a direct competitor to Nvidia in high‑performance AI accelerators.
  • Google’s case for TPUs is reinforced by training the new Gemini 3 model on its in‑house chips and by growing customer interest, as investors reassess lofty AI‑chip valuations.