Google's In-House AI Chip Strategy Could Be a Bigger Threat to Nvidia Than Investors Think. Here's Why.

Google's In-House AI Chip Strategy Could Be a Bigger Threat to Nvidia Than Investors Think. Here's Why.

Key PointsGoogle could lower its AI compute costs by up to 30% using its own processors.The company is building a neocloud business with 500 megawatts of capacity to rent its processors to other tech companies. Nvidia's processors still dominate, but the company could lose market share and see its pricing power erode as competition heats up.10 stocks we like better than Alphabet › Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) has been developing its o…