The stock has fallen around 30% so far this year as they trail rivals in producing advanced AI chips and components.
Read More Chipmaker Intel falls as AI competition hurts forecastTag: NVIDIA
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
Chinese universities and research institutes recently obtained high-end Nvidia AI chips through resellers.
Read More China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders showWall St gains after Friday sell-off, Mideast tensions subside
Some megacap growth stocks edged higher in early trading, with Meta Platforms, Amazon.com and Apple up between 0.6% and 1.5%.
Read More Wall St gains after Friday sell-off, Mideast tensions subsideWall St gains from megacaps thrust; earnings, Fed comments on tap
Wall Street’s main indexes rose on Wednesday, boosted by megacap growth stocks and as corporate results rolled in.
Read More Wall St gains from megacaps thrust; earnings, Fed comments on tapWall St slips after big bank earnings
Wall Street’s main stock indexes as some big banks dipped after reporting dour quarterly results and most megacap growth stocks and chipmakers receded.
Read More Wall St slips after big bank earningsGoogle unveils Arm-based data center processor, new AI chip
Google revealed the details of a new version of its data center artificial intelligence chips and announced an Arm-based , based central processor.
Read More Google unveils Arm-based data center processor, new AI chip