Why Nvidia Stock Rallied Today
The company will be the exclusive provider of AI chips to another big name in the space.
Overview
Shares of Nvidia (NASDAQ: NVDA) were firmly in rally mode on Wednesday, climbing as much as 4.9%. As of 1:41 p.m. ET, the stock was still up 4.4%.
The catalyst that sent the artificial intelligence (AI) chipmaker higher was news that one of the biggest names in tech is going all in on Nvidia.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.