Shares in Google parent Alphabet rose premarket as it was reported that Google is in talks to supply chips to Meta Platforms. Alphabet shares were up 1.5% at $328.36, hitting new highs. Nvidia fell 1.4% to $175.40 premarket after the news, closing down 2.6% at $177.82 on Tuesday.

Read more at Dow Jones & Company: Alphabet Keeps Climbing, Nvidia Falls After Google-Meta Chip Talks