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Following the opening bell of today's U.S. stock market session, Nvidia's share price took a significant hit, plummeting over 6% and marking its lowest point since September 17th. This downturn dragged the company's overall market valuation down to $4.15 trillion, representing a staggering $1 trillion drop from its all-time peak of $5.15 trillion, which it attained on October 29th. In contrast, on the same trading day, Google's stock surged by 2.6%, notching up another historic high and bringing its market capitalization to within striking distance of the $4 trillion mark. On the news front, a notable development emerged as Meta expressed interest in purchasing Google's AI chip, the TPU, with a multi-billion-dollar inquiry, thereby presenting a potential threat to Nvidia's market dominance.
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