This means that Google still needs Nvidia GPUs, used in tandem with its own TPUs, to get the combination of speed and energy efficiency it needs to compete. It further suggests that, even if the reports are true, and Google's power-miserly chips cut into Nvidia's business, the company will still be the dominant player in the data center GPU space.

This year’s revenues are anticipated to be around $215 billion, with the figure expected to surpass $300 billion next year.

To be clear, Nvidia’s graphics processing units (GPUs) remain the gold standard for the AI industry. But Google’s TPUs — which power its highly praised Gemini 3 — are cheaper to develop and require less power. Some industry experts estimate that TPUs offer up to four times better performance per dollar than comparable GPUs.

What could sway a divided Fed on rate cuts, spending slows as retailers enter holiday the shopping season, and more news to start your day.

Shares of the artificial intelligence chip giant Nvidia ( NVDA 3.73%) had fallen roughly 3.7%, as of 1:06 p.m. ET today. The Information reported that Alphabet is in talks with Meta Platforms to sell its own in-house semiconductors to Meta for use in their data centers.

The Big Short' investor Michael Burry has publicly called the financials of Nvidia into question, and the company has fired back.

Michael Burry — the famed "Big Short" investor who accurately predicted the collapse of the US real estate bubble in 2008 — has longed for his days writing commentary about the stock market in 1999 while working as a neurology resident physician at Stanford.