NVIDIA shares are trading higher following reports suggesting the company is planning to introduce three new AI chips for China.
Portfolio Pulse from Benzinga Newsdesk
NVIDIA is reportedly planning to introduce three new AI chips for the Chinese market, which has led to an increase in the company's share price.
November 09, 2023 | 5:05 pm
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NVIDIA's stock price is trading higher following reports of the company's plans to introduce three new AI chips in China.
The introduction of new AI chips in the large and growing Chinese market is a positive development for NVIDIA. This could potentially increase the company's market share and revenues, which is likely to have a positive impact on the stock price.
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