Nvidia Stock Rally Pauses. Foxconn Has Good News on AI Server Demand.

Published 2 months ago Positive
Nvidia Stock Rally Pauses. Foxconn Has Good News on AI Server Demand.
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Nvidia stock was edging down early Thursday but there were further signs of strong demand for artificial-intelligence infrastructure from its partner Foxconn. Nvidia shares were slipping 0.1% at $181.43 in premarket trading. Nvidia on Wednesday pushed back against an analyst report suggesting the production of its next-generation Rubin hardware is being delayed to better match rival chips from Advanced Micro Devices Nvidia said the report was incorrect and Rubin remains on track, in an emailed statement.

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