Xiao Huang: What was the direct impact on the stock market following last Thursday’s news about the TPU deal between Google and Meta?
DOORM: Once the news broke, Nvidia’s stock price plunged over 8% in a single day, while Google’s parent company Alphabet’s stock surged over 4%, and Broadcom also saw a significant rise. This reflects market concerns that the commercialization of TPU could weaken Nvidia’s dominant position.
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