Nvidia says it’s ‘delighted by Google’s success’ — but ‘Nvidia is a generation ahead of the industry’

• Nvidia tried to tamp down fears of Google coming for its chip business.
• A report of Google talking with Meta about chips for its data center sent Nvidia shares falling.
• “NVIDIA is a generation ahead of the industry,” the company said in a statement.

Nvidia brushed off concerns that Google is coming for its crown.

“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,” the company said in a statement posted on X.

The chipmaker’s comments followed a report that Meta is discussing plans with Google to potentially spend billions on the tech giant’s chips to power Meta’s data centers. Shares of Nvidia went tumbling after The Information report. As of early Tuesday afternoon, Nvidia was trading down over 3% on the day.

“We’re delighted by Google’s success — they’ve made great advances in AI and we continue to supply to Google,” Nvidia said in the statement.

In response, Google said it was committed to supporting both chips.

“We are experiencing accelerating demand for both our custom TPUs and Nvidia GPUs; we are committed to supporting both, as we have for years,” a Google spokesperson said in a statement.

Google continues to make strides in the AI race. The recent launch of Gemini 3 drew some positive reviews. Unlike many of its rivals, Google has a “full-stack” advantage, which enables it to control the entire process, from AI research to its cloud, which hosts its models.

In contrast, Nvidia has experienced a rocky couple of weeks. The world’s largest company by market cap reported blockbuster earnings for the third quarter, which initially calmed market-wide fears of an AI bubble, only for those lingering doubts to creep back in.