An Nvidia (NVDA) spokesperson, in a statement to Wccftech, is quoted as having said following an earlier report by The Information that claimed that Meta (META) is in line to purchase “billions of dollars” worth of Google TPUs for their AI workloads: “We’re delighted by Google’s success – they’ve made great advances in AI, and we continue to supply to Google. NVIDIA is a generation ahead of the industry – it’s the only platform that runs every AI model and does it everywhere computing is done. NVIDIA offers greater performance, versatility, and fungibility than ASICs, which are designed for specific AI frameworks or functions.”
Claim 30% Off TipRanks
Forget margin or options. Here's how the pros trade NVDAPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- Top Analyst Bearish on Alphabet Stock despite Google’s TPU Push to Meta
- Midday Fly By: Alphabet continues ascent, fueled by AI optimism
- Nvidia and AMD Stocks Slip on Google Chip Concerns, But Top BofA Analyst Sees Buying Opportunity
- AMD Stock Slammed by Google’s AI Offer to Meta
- AAPL, NVDA, TSLA: Analyst Dan Ives Lists the 10 Tech Stocks to Own Now