4 Reasons You Shouldn't Sell Nvidia On Driverless Fears

Shares of NVIDIA (NASDAQ: NVDA) recently tumbled after a double whammy of bad news. First, one of Uber's driverless vehicles, which was powered by NVIDIA's chips, hit and killed a pedestrian. Uber and NVIDIA both suspended their driverless tests after the accident.Many investors seemingly saw the news as an indicator that NVIDIA's entire automotive chip business, one of its pillars of growth, was falling apart.

Topics:  nasdaq   nvda    uber   nvidia   reasons   driverless   news   situation   
BING NEWS:
  • Nvidia Stock vs. Apple Stock: Billionaires Buy One and Sell the Other Ahead of 2025
    Steven Cohen of Point72 Asset Management bought 1.5 million shares of Nvidia, increasing his stake by 75%. It is now his largest position excluding options. Meanwhile, he sold 1.5 million shares of ...
    01/2/2025 - 7:36 pm | View Link
  • Is Nvidia Stock a Buy, Sell, or Hold on the Run.ai Acquisition?
    Valued at a market capitalization of nearly $3.3 billion, Nvidia (NVDA) is among the world’s largest companies. The chip stock has surged over 800% since late 2022, as it is at the epicenter of the ...
    01/2/2025 - 1:42 am | View Link
  • Nvidia Hits Resistance Amid Chip Whispers, Buy Point Emerges; But Is Nvidia A Sell Now?
    Nvidia could not hold a key level on Friday. Does that mean Nvidia is a buy or sell now? Chinese AI startup DeepSeek trained its AI model using Nvidia's chips with capabilities matching the models ...
    12/27/2024 - 4:06 am | View Link
  • Nvidia Can't Hold Key Level After China AI Startup Shock; Is Nvidia A Sell Now?
    Holiday cheer came to Nvidia as the stock hovered near a key level Thursday. Shares of the artificial intelligence chip leader broke out at a buy point of 140.76 in October and reached an all-time ...
    12/26/2024 - 1:59 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News