Nvidia’s stock price has seen a significant increase, jumping by 2.59% in early trading. The boost is attributed to the company’s growing partnership with Amazon, which is expected to provide an AI-driven boost.
Amazon and Nvidia have been working together to integrate Amazon’s artificial intelligence technology into various devices and applications. This collaboration aims to enhance customer experiences and improve operational efficiency.
The partnership has sparked excitement among investors, who are hopeful that it will lead to increased revenue and growth for the tech giant. As a result, Nvidia’s stock price has surged, reflecting the growing potential of their joint venture.
Source: https://www.barrons.com/articles/nvidia-stock-price-amazon-ai-chips-743b4bed