May 7, 01:33 PM

Nvidia Stock Falls 1.3% Amid Apple's AI Chip Development

Nvidia's stock experienced a 1.3% decline following reports that Apple is developing its own AI chips for data centers. This development raises concerns about potential market competition for Nvidia, as Apple's entry into the AI chip market could impact Nvidia's business in this sector.

#Nvidia #Apple

Written with ChatGPT (GPT-4).

Sources

Fofty Pawlow@FoftyPawlow
2 years ago
Nvidia Shares Down 1.3% After Report Apple Working on AI Chips for Data Centers Lmao cannibalization rotation
Scott Redler@RedDogT3
2 years ago
Will the New $AAPL AI Server Business Hurt $NVDA? And are you buying the $NVDA dip? https://t.co/mJP4qPHhl3
*Walter Bloomberg@DeItaone
2 years ago
$NVDA NVIDIA SHARES DOWN 1.3% AFTER REPORT APPLE WORKING ON AI CHIPS FOR DATA CENTERS

Nvidia Stock Falls 1.3% Amid Apple's AI Chip Development

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