US Stock Market Move | Meta plans to purchase Alphabet Inc. Class C shares. Alphabet Inc. Class C (GOOGL.US) rose nearly 4% before the market opened. NVIDIA Corporation (NVDA.US) fell almost 5%. AMD, an American company, plummeted nearly 7%.

On Tuesday, Alphabet Inc. Class C (GOOGL.US) rose nearly 4% in premarket trading, with the opening indicating a continuation of historic highs, potentially becoming the fourth company to enter the $4 trillion market cap club; NVIDIA Corporation (NVDA.US) fell nearly 5% in premarket trading, while Advanced Micro Devices, Inc. (AMD.US) dropped nearly 7%. In terms of news, reports suggest that Alphabet Inc. Class C is significantly upgrading its competition with NVIDIA Corporation in the artificial intelligence (AI) chip race, while Meta (META.US) is becoming a potential multi-billion dollar customer. Reports indicate that Meta is discussing investing billions of dollars to integrate Alphabet Inc. Class C's TPU into its data centers starting from 2027, with plans to possibly rent TPUs from Alphabet Inc. Class C cloud as early as next year. Currently, Meta relies heavily on NVIDIA Corporation's GPUs for its AI infrastructure. With explosive growth in AI computing demand and NVIDIA Corporation's continued dominance in the supply chain, Alphabet Inc. Class C's promotion of its TPU marks the AI chip war entering a more competitive phase. In addition, "Big Short" Michael Burry released a weighty article titled "The Gluttony of the Supply Side," officially declaring war on the AI bubble. He refutes the argument that "profit equals safety," stating directly that "NVIDIA Corporation is the Cisco Systems, Inc. of the past," warning that the market is facing a disastrous oversupply and depreciation trap. This legendary short seller concludes: no matter how many people try to prove that this time is different, the history of 1999 is repeating itself.