NVDA is trading at 4.8% down now at $173.73 after reports emerged that Meta Platforms is in talks to purchase billions of dollars worth of Google's tensor processing units (TPUs), signaling a potential shift away from Nvidia's AI chips. This news has triggered immediate investor concerns about rising competition in the AI semiconductor market, as Meta is currently one of Nvidia's largest customers. The development suggests Google is making significant progress in challenging Nvidia's dominance in AI hardware, leading to a sharp selloff in Nvidia shares despite the company's strong fundamentals and recent earnings.