Jensen Huang, chief executive officer of Nvidia Corp., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day:
1. Nvidia enters the chat
Shares of Nvidia and Alphabet have diverged in recent days as the latter steps into the artificial intelligence spotlight. With some market watchers wondering if the Google parent will take the lead on AI, Nvidia attempted to reassure investors of its dominance in the industry. Here's the rundown: Alphabet shares rose to all-time highs yesterday, the latest sign of trader excitement following the release of the tech giant's upgraded Gemini 3 model last week.
Shares of the Google parent also appeared to get a boost from a report that Meta considering purchasing the company's AI chips.
considering purchasing the company's AI chips. Nvidia shares meanwhile closed down more than 2% yesterday.
The AI darling defended its technology following the Meta report, saying in a social media statement that it is "a generation ahead of the industry."
While Nvidia said it's a supplier for Google, the company asserted that its chips are more powerful than competitors' products.
Shares of Alphabet are up more than 1% in premarket trading. Nvidia shares, on the other hand, ticked down further this morning.
Elsewhere on the AI front, Dell strong fourth quarter thanks to AI sales.
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