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Nvidia Targets Robotics as Next Big Opportunity Amid Rising AI Rivalry
Nvidia Stock Stalls. This Could Spark the Next Rally. -- Barrons.com
U.S. stocks closed: The S&P and Nasdaq fell more than 1% for two consecutive days as the shadow of the debt ceiling looms.
① The three major indices of the US stock market continue to decline, with most tech giants weakening, and Chinese concept stocks generally closing lower; ② The issue of the USA debt ceiling is back on the table, pressuring market sentiment; ③ Ackman "promotes goods," leading to a surge in the stock prices of Fannie Mae and Freddie Mac; ④ Hesai Technology's Lidar delivery has reached a milestone.
Nvidia's Next Move: Powering Humanoid Robots
Overnight U.S. stocks | The Nasdaq and S&P 500 Index fell more than 1%, while NVIDIA (NVDA.US) rose slightly against the trend.
At the close, the Dow Jones dropped by 418.48 points, a decrease of 0.97%, closing at 42,573.73 points; the Nasdaq fell by 235.25 points, a decline of 1.19%, closing at 19,486.78 points; the S&P 500 Index decreased by 63.90 points, down by 1.07%, closing at 5,906.94 points.
Under antitrust pressure? After NVIDIA's $0.7 billion acquisition, AI startup Run:ai plans to open source their Software.
Run:ai's Software only runs on systems based on NVIDIA, which has stated that the two companies have been closely cooperating since 2010. The USA Department of Justice and the EU previously launched investigations into whether NVIDIA's acquisition of Run:ai would harm competition. Just over a week ago, the European Commission concluded that the acquisition would not hinder competition in the AI and GPU fields, approving the Trade.
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