NVIDIA'stock drop over 7% as Google’s AI chip gains traction
Source: Saiyp | Date: 2025-11-26 10:20:00
On November 25, NVIDIA stock plunged more than 7% in U.S. trading, briefly hitting $169.55—over 20% below its all-time high set last month. The sell-off followed rising investor enthusiasm for Google’s in-house AI chip, the Tensor Processing Unit (TPU).
Shares of NVIDIA-linked companies also declined: server maker Supermicro fell 3.2%, Oracle—committed to buying NVIDIA systems—dropped 2%, and data center firm CoreWeave, in which NVIDIA holds a 6% stake, slid 3.7%.
The shift comes as Alphabet’s stock rose over 3%, pushing its market cap near $4 trillion. Last week, Google unveiled its new large language model, Gemini 3, trained entirely on TPUs. Several industry experts claim it has “surpassed” OpenAI’s GPT models, fueling speculation that tech giants may increasingly bypass NVIDIA hardware in favor of custom AI chips.