Nvidia (NVDA) Stock Rises on Strong AI Chip Demand

Nvidia (NVDA, Financial) stock experienced a notable increase, with the price rising by 4.2% to $123.05. This movement is attributed to the CEO's comments on strong demand for Nvidia's upcoming Blackwell chip, which is poised to enhance AI capabilities and is scheduled for a Q4 release. This news has positively impacted related companies like Taiwan Semiconductor Manufacturing (TSM) while exerting downward pressure on competitors such as Intel (INTC).Nvidia's (NVDA, Financial) stock demonstrates robust fund ...