Nvidia Stock Slips. SoftBank Deal Tells Us This About Its AI Chips.
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Nvidia's chips will be utilized in SoftBank's supercomputer, highlighting Nvidia's dominance in advanced AI hardware. Despite this positive development, Nvidia's stock experienced a slight decline.
November 13, 2024 | 10:45 am
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Nvidia's chips will be used in SoftBank's supercomputer, underscoring its leadership in AI hardware. However, Nvidia's stock saw a slight decline.
The news highlights Nvidia's strength in AI hardware, which is positive for its long-term prospects. However, the immediate market reaction was a slight decline in stock price, possibly due to broader market conditions or profit-taking.
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