Top

Commodity Masters

  /  News   /  From Tesla to Nvidia, Wall Street’s Favorites Keep Tumbling

From Tesla to Nvidia, Wall Street’s Favorites Keep Tumbling

Reuters

Nvidia metaverse future bright even as Arm may slip from grasp

Nvidia Corp’s dreams of acquiring British chip technology provider Arm for a hefty price of over $80 billion may not materialize, but analysts believe the chipmaker has plenty to focus on as it pushes into the metaverse. Nvidia’s shares fell about 3% on Friday morning. “Even if Nvidia does not complete its ARM Holdings acquisition, demand for NVIDIA AI continues to accelerate,” Tigress Financial Partners’ Ivan Feinseth said, adding that “Nvidia is all about AI and the Omniverse/metaverse.”

Post a Comment