Meta Platforms Just Announced Its New Artificial Intelligence (AI) Chip -- Should Nvidia Stock Investors Be Worried?

By Jose Najarro – Apr 12, 2024 at 5:14AM EST

NASDAQ: NVDA

Nvidia

Market Cap

$4.6T

Today's Change

(1.53%) $2.83

Current Price

$187.67

Price as of January 23, 2026 at 4:00 PM ET

Is Meta Platforms reducing its dependency on Nvidia's hardware?

In today's video, I discuss recent updates impacting Meta Platforms (META +1.72%) and Nvidia (NVDA +1.53%). 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 April 10, 2024. The video was published on April 10, 2024.

Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.

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@_JoseNajarro