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Nvidia shares fell on Tuesday after The Information reported that Meta is considering using chips designed by Google.
Shares of Nvidia were 3.6% lower in premarket trade. Google-parent Alphabet was trading 3% higher after a more than 6% rally on Monday.
On Monday, The Information reported that Meta is considering using Google's tensor processing units (TPUs) in its data centers in 2027. Meta may also rent TPUs from Google's cloud unit next year, the publication reported.
Google launched its first-generation TPU in 2018 and it was initially designed for its own internal use for its cloud computing business. Since then, Google has launched more advanced versions of its chip that are designed

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