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Nvidia’s AI Lead Persists as Markets Weigh Google TPUs and a Memory Squeeze

Prediction markets still see Nvidia holding the top market value through June.

Overview

  • Prediction markets on Monday kept the odds near 86% that Nvidia remains the largest company by market cap on June 30.
  • Google is developing Tensor Processing Units and has discussed custom inference chips with Marvell, though outside adoption remains unproven.
  • Nikkei Asia reporting says global DRAM output may cover only about 60% of demand through 2027, steering supply toward high‑bandwidth memory used in Nvidia’s data‑center GPUs.
  • TrendForce reports Nvidia’s next GeForce lineup could slip, with 2026 possibly seeing no new generation, while Nvidia says it is still shipping cards and working to maximize memory availability.
  • Foxconn said its first‑quarter sales rose 30% year over year, citing strong AI system orders built on Nvidia platforms, which signals ongoing demand across the AI supply chain.