TECH - What's Going On With Nvidia Stock Wednesday? | Benzinga
Nvidia Corp (NASDAQ: NVDA) stock traded higher Wednesday in line with broader indexes Invesco QQQ Trust, Series 1 (NASDAQ: QQQ), and SPDR S&P 500 (NYSE: SPY).
Reports indicate that Microsoft Corp (NASDAQ: MSFT) is scaling down its orders for Nvidia's H100 AI Chips.
The industry sources view the scaling down as a positive development rather than a trigger of demand bubble concerns.
Simultaneously, Huawei Technologies' HiSilicon chip design unit has begun shipping surveillance camera chips, signaling the company's ability to bypass around four years ...