Despite the excitement surrounding this breakthrough, the prototype SSD is just that, and it's unlikely that consumers or enterprise buyers will see PCIe 6.x storage solutions on
Nvidia (NVDA) stock fell 5.7% on Thursday, bringing its decline this year to more than 17% amid concerns about declines in spending on AI, amid a general selloff in that took the tech-centered Nasdaq 100 down 2.
Nvidia stock dropped more than 3% early Thursday, leading other chipmakers down as fears over AI demand continued to weigh on the stocks.
Micron Technology (NASDAQ: MU) stock is rising Wednesday. The company's share price was up 4.5% as of 1:45 p.m. ET amid flat trading for the S&P 500 index and a gain of 0.3% for the Nasdaq Composite index.
The CHIPS and Science Act signed by then President Joe Biden in August 2022 included $39 billion in subsidies for U.S. semiconductor manufacturing.
Nvidia (NASDAQ: NVDA) was one of the best-performing stocks in 2024 with an incredible gain of 171%. The upside was driven by soaring demand for its data center graphics processing units (GPUs), which are the gold standard for developing artificial intelligence (AI).
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Here's why four Motley Fool contributors think chip giants Nvidia ( NVDA -0.26%) and Micron Technologies ( MU -1.05%), travel services company Airbnb ( ABNB -0.83%), biotech behemoth Vertex Pharmaceuticals ( VRTX 0.65%), and high-yield dividend stock Enterprise Products Partners ( EPD -1.22%) are worth buying in March.
NVIDIA CEO Jensen Huang confirms Blackwell Ultra and Vera Rubin AI GPUs are on the way, Rubin R100 will launch with next-gen HBM4 memory in 2025.
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