Competition for Nvidia's crown in the artificial intelligence is ramping up, but analysts aren't too worried — for now. Nvidia has been battered this month, losing more than 13%, as investors grow weary of elevated tech valuations. If that loss stands, it would mark the stock's biggest monthly pullback since September 2022, when it plunged 20%. Shares fell another 4% on Tuesday after The Information reported, citing sources, that Meta Platforms was considering using Alphabet's tensor processing units (TPUs) for its data centers. This comes as hyperscalers begin exploring alternatives to Nvidia's graphics processing units (GPUs) . TPUs are application-specific chips, or ASICs, and often more power efficient compared to GPUs, which are general-purpose chips designed for a broader range of co

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