Nvidia shares were up 0.6% to $132.41 in premarket trading while futures tracking the tech-heavy Nasdaq were up 0.1%. Nvidia closed down 4.7% Tuesday while ASML closed 16% lower.
AMD said the new chip will begin production in Q4 and be ready for widespread shipment in early 2025. It said the chips will be available through a wide set of platform providers, including Dell, ...
That is to say, Nvidia has a competitive moat that can help continue to push growth in revenue and earnings. That makes today's pullback a good chance for investors to either start or add to positions ...