AI - What's Going On With Nvidia Stock Friday? | Benzinga
Nvidia Corp (NASDAQ:NVDA) stock is trading lower amid reports of Microsoft Corp (NASDAQ:MSFT) eying Advanced Micro Devices, Inc (NASDAQ:AMD) artificial intelligence chips for its cloud computing clients.
Microsoft’s move reflects the acute supply crisis Nvidia is undergoing for its most sought-after H100 GPUs.
Analysts identified several growth catalysts for Nvidia, noting robust demand across its product range, particularly for high bandwidth memory (HBM), high-capacity SSDs, and Hopper GPUs, primarily associated with enterprise AI ...