Shares of Nvidia (NASDAQ: NVDA) were up 2.4% at 10:18 a.m. EDT on Tuesday. market sentiment was more positive today, as the S&P 500 index was also trading higher, which would explain part of the bounce in Nvidia's share price after the recent pullback.
As for company-specific news, the graphics specialist announced an extension of its collaboration with Lenovo (OTC: LNVGY) to include participation in VMware 's (NYSE: VMW) Project Monterey early-access program, which takes advantage of networking technologies like Nvidia's BlueField data processing units.
Nvidia's BlueField-2X DPU. Image source: Nvidia.
For further details see:
Why Nvidia Stock Was Up Today