Nvidia Shares Rise Premarket After Pledge to Spend Hundreds of Billions on U.S. Supply Chain -- Market Talk
Dow Jones03-20
0932 GMT - Nvidia shares edge higher premarket after Chief Executive Jensen Huang said in a Financial Times interview that the company would spend hundreds of billions of dollars on chips and other electronics manufactured in the U.S. over the next four years. Nvidia stock closed 1.8% higher at $117.52 Wednesday. Shares are up 1.3% Thursday premarket, touching a high of $119.55. Huang's remarks come as Nvidia hosts a weeklong AI event in San Jose, where the company unveiled a new line of chips called Rubin that are expected to be available in the second half of 2026. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
March 20, 2025 05:32 ET (09:32 GMT)
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