NVDA - Why NVIDIA Stock Gained Today | Benzinga
NVIDIA Corporation (NASDAQ: NVDA) shares traded higher following a report suggesting the company will make Arm-based PC chips, which could challenge Intel (NASDAQ: INTC).
What To Know: According to a Reuters article, Nvidia is in the process of developing central processing units (CPUs) designed to support the Windows operating system from Microsoft Corporation (NASDAQ: MSFT). The CPUs will incorporate technology from Arm Holdings (NASDAQ: ARM), an initiative which coincides with Microsoft's plan to assist chip companies create Windows PCs using Arm-based processors.