How Meta Platforms and Big Tech Are Redefining Nvidia's AI Dominance

By Jose Najarro – May 27, 2023 at 7:07AM

NASDAQ: NVDA

Nvidia

Market Cap

$1,988B

Today's Change

(4.35%) $33.18

Current Price

$795.18

Price as of April 22, 2024, 4:00 p.m. ET

Should Nvidia stock investors be worried about big tech's push into semiconductor design?

Meta Platforms (META 0.14%) is the latest big tech company to announce new in-house-made semiconductor solutions. Is this bad news for semiconductor stocks? Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the after-market prices of May 26, 2023. The video was published on May 26, 2023.

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Jose Najarro has positions in Alphabet, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Cadence Design Systems, Meta Platforms, Microsoft, Nvidia, and Synopsys. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.