google, nvidia and amd Updates

The artificial intelligence sector is currently experiencing significant shifts, with Google emerging as a formidable competitor in the AI chip market, directly impacting established players like Nvidia and AMD. Reports indicate that Meta Platforms, a major investor in AI infrastructure, may shift its chip purchases towards Google, planning to spend up to $72 billion on AI infrastructure in 2025. This potential move led to a 6% drop in Nvidia's shares and a 10% decline for AMD on November 25, 2025. Conversely, Alphabet's stock surged, and Broadcom, a key partner in Google's chip design, saw an 11% jump, highlighting Google's strengthening position. Despite these market pressures, Nvidia is actively defending its standing, addressing investor concerns about its financial statements and business practices. Investor Michael Burry has criticized Nvidia, questioning its accounting and calling its business a "gold rush" scenario. Nvidia, however, strongly denies claims of an AI bubble or incorrect accounting, reassuring shareholders through a detailed memo and stating its financial reporting is accurate and transparent. The company attributes a 32% increase in inventory to preparations for its new Blackwell platform, not weak demand, and expects robust sales of about $65 billion in the January quarter. Beyond chip manufacturing, companies like Arista Networks are capitalizing on the AI boom by building high-speed networks essential for advanced AI clusters. Arista reported a strong third quarter in fiscal 2025, with revenue growing 27.5% to $2.3 billion and net income increasing by 25.1% to $962.3 million. The company is expanding its hardware with new 800-gigabit R4 Series switches and projects its AI-related networking revenue to reach at least $1.5 billion in 2025 and $2.75 billion in 2026, bolstered by partnerships with Meta Platforms and Oracle. The broader semiconductor market continues to see robust growth driven by AI demand, as evidenced by the VanEck Semiconductor ETF (SMH), which has delivered impressive returns. However, the AI boom's influence is not uniform across all segments; Bain Capital recently sold its entire $2.3 billion investment in Kioxia Holdings Corp., a memory chip maker, as the excitement around AI's impact on Kioxia's stock began to wane. Meanwhile, insider activity at Palladyne AI Corp. saw CEO Benjamin G. Wolff and Director Michael T. Young each purchase 3,000 shares of company stock in November 2025. Separately, AI-generated signals rated Atrium Mortgage Investment Corporation's debentures as Neutral across all terms.

Key Takeaways

• Meta Platforms plans to invest up to $72 billion in AI infrastructure in 2025, potentially shifting AI chip purchases from Nvidia and AMD to Google.
• Nvidia's stock fell 6% and AMD's dropped 10% on November 25, 2025, following reports of Meta's potential shift to Google AI chips.
• Google's parent company, Alphabet, saw its stock surge, and Broadcom, a Google chip design partner, experienced an 11% stock jump.
• Nvidia is defending its financial practices against investor Michael Burry's criticisms, denying claims of an AI bubble or incorrect accounting.
• Nvidia expects sales of approximately $65 billion in the January quarter and attributes a 32% inventory increase to preparations for its new Blackwell platform.
• Arista Networks reported Q3 fiscal 2025 revenue of $2.3 billion, a 27.5% increase, driven by its role in high-speed AI networking.
• Arista Networks projects its AI-related networking revenue to reach at least $1.5 billion in 2025 and $2.75 billion in 2026.
• Bain Capital sold its entire $2.3 billion stake in Kioxia Holdings Corp., a memory chip maker, after its value grew six times during the AI boom.
• Palladyne AI Corp. CEO Benjamin G. Wolff and Director Michael T. Young each purchased 3,000 shares of company stock in November 2025.
• The VanEck Semiconductor ETF (SMH) has shown significant returns, with 210% over three years, reflecting strong AI-driven demand for semiconductors.

Palladyne AI CEO Buys 3,000 Company Shares

Benjamin G. Wolff, the President, CEO, and director of Palladyne AI Corp. (PDYN), bought 3,000 shares of the company's common stock. He made this purchase on November 20, 2025, at a price of $5.2867 per share. After this transaction, Mr. Wolff directly owns 2,836,401 shares. He also holds additional shares indirectly through a Solo 401(k) trust, his spouse, and Mare's Leg Capital, LLC.

Palladyne AI Director Michael Young Buys 3,000 Shares

Michael T. Young, a director at Palladyne AI Corp. (PDYN), purchased 3,000 shares of the company's common stock. This open-market transaction happened on November 21, 2025. He bought the shares at a weighted-average price of $5.1898 each. Following this purchase, Mr. Young directly owns 23,119 shares of Palladyne AI common stock.

Google AI Chip Competition Pressures Nvidia Stock

Nvidia and AMD stocks dropped sharply after a report suggested Meta Platforms might buy AI chips from Google. Nvidia shares fell 6%, and AMD lost 10% on Tuesday, November 25, 2025. Meta plans to spend up to $72 billion on AI infrastructure in 2025, potentially reducing its reliance on Nvidia. Meanwhile, Alphabet's stock surged as Google gains strength in the AI market. Broadcom, which helps Google design chips, saw its stock jump 11%. Nvidia's stock is down 12% from its late October high, but still up 32% this year.

Google AI Chips Challenge Nvidia Market Share

Nvidia and AMD stocks fell significantly on November 25, 2025, after reports suggested Meta Platforms might purchase AI chips from Google. Nvidia's shares dropped 6%, while AMD's fell 10%. Meta, a major AI spender, plans to invest up to $72 billion in AI infrastructure next year. This potential shift could lessen Meta's dependence on Nvidia's chips. In contrast, Alphabet's stock rose as Google strengthens its position in the AI market, and Broadcom, a Google chip partner, saw an 11% increase.

Arista Networks Poised for Huge AI Networking Growth

Arista Networks plays a vital role in building high-speed networks for advanced AI clusters. In the third quarter of fiscal 2025, the company's revenue grew 27.5% to $2.3 billion, and its net income increased by 25.1% to $962.3 million. Arista is expanding its hardware with new 800-gigabit R4 Series switches designed for AI and cloud data centers. The company expects its AI-related networking revenue to reach at least $1.5 billion in 2025 and $2.75 billion in 2026. Arista also has strong partnerships with Meta Platforms and Oracle, helping to develop key networking architectures.

Michael Burry Stands By Nvidia Criticism

Investor Michael Burry continues to criticize Nvidia Corp., questioning its financial statements and calling its business "selling shovels during a gold rush." He has raised concerns about circular AI deals and how major tech companies account for their chip purchases. Burry also pointed out deals where customers pay for Nvidia chips using their own company stock. Despite these criticisms, Nvidia CEO Jensen Huang stated that the company's business remains strong. Nvidia expects sales of about $65 billion in the January quarter, which is higher than analysts predicted.

Nvidia Defends AI Business Against Doubts

Nvidia Corp. is actively defending its strong position in the artificial intelligence market against growing doubts. The company sent a seven-page memo to major shareholders, addressing concerns about circular financing, inflated earnings, and decreasing demand. CEO Jensen Huang also encouraged employees to focus on their work. Nvidia explained that its 32% increase in inventory is to prepare for shipments of its new Blackwell platform, not a sign of weak demand. The company also clarified that only a small portion of its revenue comes from AI startups it invests in. Nvidia further stated that its customers' GPU depreciation schedules are standard and that older A100 systems remain fully used.

VanEck Semiconductor ETF Shows Strong AI Growth

The artificial intelligence boom is significantly increasing demand for semiconductors. For investors looking to reduce risk, the VanEck Semiconductor ETF (SMH) offers a good option compared to buying individual stocks. This ETF has shown impressive returns, with 210% over the last three years and 1,310% over ten years. The global AI market is expected to grow from $189 billion in 2023 to $4.8 trillion by 2033. The VanEck Semiconductor ETF tracks the MVIS US Listed Semiconductor 25 Index and includes top companies like Nvidia, Taiwan Semiconductor Manufacturing, and Broadcom.

Nvidia Rejects Michael Burry's AI Bubble Claims

Nvidia Corp. strongly denied claims made by investor Michael Burry about an artificial intelligence bubble and incorrect accounting practices. Burry, known for predicting the 2008 financial crisis, accused Nvidia of using circular cash flows and misrepresenting stock buybacks to inflate its value. Nvidia stated that its financial reporting is accurate and transparent, following all accounting standards. The company's firm denial aims to reassure investors and maintain confidence in its business model.

Bain Capital Sells $2.3 Billion Kioxia Stake

Bain Capital is selling its entire $2.3 billion investment in Kioxia Holdings Corp., a Japanese company that makes memory chips. This sale comes as the excitement around artificial intelligence, which previously helped Kioxia's stock, starts to lessen. Bain first invested in Kioxia, formerly known as Toshiba Memory, in 2018. The value of this investment grew six times during the AI boom. This move marks a significant exit for Bain from a high-profile investment.

Atrium Mortgage Debentures Receive Neutral AI Rating

This article provides trading plans for Atrium Mortgage Investment Corporation's 5.00% convertible unsecured subordinated debentures, traded as AI.DB.F:CA. The suggested long-term plan is to buy near 99.43, with a target of 100.93 and a stop loss at 98.93. For short selling, the plan suggests selling near 100.93, targeting 99.43, with a stop loss at 101.43. As of November 25, AI-generated signals rate the debentures as Neutral for near, mid, and long terms.

Sources

• [Form 4] Palladyne AI Corp. Insider Trading Activity
• [Form 4] Palladyne AI Corp. Insider Trading Activity
• Nvidia stock is under pressure as AI-chip competition from Google heats up
• Nvidia stock is under pressure as AI-chip competition from Google heats up
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• Burry Defends His Nvidia Criticism as Company Pushes Back
• After market jolt, Nvidia tries to reassert control of AI narrative
• Interested in AI Stocks? You Might Consider Buying This Top AI ETF That's Returned 210% in 3 Years
• Nvidia Slams Michael Burry's Claims of an AI Bubble and Faulty Accounting
• Bain Dumps $2.3 Billion in Kioxia Stock--Just as AI Hype Starts to Crack
• Trading (AI.DB.F) With Integrated Risk Controls (AI.DB.F:CA) - Stock Traders Daily Canada