Meta Slips, Berkshire Cuts Amazon Stake, MSG Skyrockets
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Meta (META) has agreed to deploy “millions” of Nvidia processors over the next few years, tightening an already close relationship between two of the biggest companies in the artificial intelligence industry. Meta, which accounts for about 9% of Nvidia’s revenue, is committing to use more AI processors and networking equipment from the supplier, according to a statement Tuesday. For the first time, it also plans to rely on Nvidia’s Grace central processing units, or CPUs, at the…
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