AI Trade Splinters as Google Challenges Nvidia’s Dominance

Morgan Stanley has downgraded Ibiden, a supplier to Nvidia, while upgrading Murata Manufacturing, reflecting a shift in market sentiment towards these companies. This decision comes amid fluctuating investor confidence in the technology sector, particularly concerning Nvidia's performance and its implications for suppliers.

Recent market volatility highlights a significant buildup of global risk, with experts warning of a precarious mix of factors reminiscent of past financial crises. Nvidia's recent conference in Washington showcased its multi-trillion-dollar valuation, which relies on the assumption of perpetual growth.

Google has recently emerged as a significant player in the global artificial intelligence (AI) race, with analysts noting its transition from a 'sleeping giant' to an active competitor. This shift is highlighted by the launch of its Gemini 3 AI, which has been integrated into Google Search, showcasing the company's commitment to leading in the AI sector.

Nvidia has expressed concern over Google's recent resurgence in the AI sector, prompting the company to post a defensive message on social media platform X. This reaction suggests a level of anxiety within Nvidia regarding its competitive position in the rapidly evolving AI landscape.

Bloomberg Markets reported on November 25, 2025, discussing key market movements and issues affecting Wall Street, including Kevin Hasset's potential candidacy for Fed Chair and the outlook for major retailers like Nvidia, Kohl's, and Best Buy.

Nvidia shares have fallen significantly amid concerns that Google is gaining a competitive edge in the artificial intelligence sector, leading to a $115 billion sell-off for the chipmaker. This decline reflects investor anxiety about the sustainability of Nvidia's market position in the face of rising competition.

On November 25, 2025, Bloomberg Businessweek Daily featured a discussion on the potential nomination of Kevin Hassett as the next Federal Reserve Chairman, alongside insights into US cybersecurity challenges linked to AI and the philanthropic priorities of affluent women. The episode highlighted the growing influence of AI technologies, particularly in the context of companies like Google and Nvidia.

Sergey Brin has surpassed Larry Ellison on the global rich list, with both Google co-founders now ranking as the second and third richest individuals, respectively, following a surge in Alphabet's stock value. This rise reflects a broader trend of increasing wealth among tech billionaires as the market responds positively to advancements in artificial intelligence and other sectors.