Previous close | 24.25 |
Open | 24.25 |
Bid | 18.35 |
Ask | 19.45 |
Strike | 545.00 |
Expiry date | 2025-12-19 |
Day's range | 24.25 - 24.25 |
Contract range | N/A |
Volume | |
Open interest | 219 |
Nvidia (NVDA) shares are climbing after CEO Jensen Huang said that the company is seeing "insane demand" for its Blackwell AI processors. The chip is expected to be released in the fourth quarter of this year. Morning Brief Hosts Seana Smith and Brad Smith report more on the story and break down some of the analyst calls on Nvidia. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
Generative artificial intelligence leader OpenAI has raised $6.6 billion in new funding, valuing the startup at $157 billion. New investors include SoftBank and Nvidia.
Nvidia rebounded nearly 4% Thursday morning, a day after the stock found support at the 50-day moving average. According to the Wall Street Journal, Nvidia will have the option of withdrawing its investment if OpenAI does not convert to a for-profit company in two years. The stock fell 2% on Friday after reports from Barron's that China was trying to boost local AI chip makers and urging local companies to avoid Nvidia chips.