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Down 30% From Its High, Is Nvidia a Buy?

Shares of high-performance chip specialist Nvidia (NASDAQ: NVDA) are currently down by around 30% from the all-time high of $346.47 they hit in November. Further, at its elevated valuation, Nvidia is also exposed to significant headline risk. Read More...

Reuters

Intel’s Mobileye to launch self-driving shuttles in U.S. in 2024

Intel Corp’s Mobileye unit plans to build and deploy self-driving electric shuttles with its partners in the United States in 2024, in a bid to scale up its automated driving system beyond taxis and delivery vehicles, executives told Reuters. Mobileye, Benteler EV Systems and Beep will launch the on-demand driverless shuttles, which will feature 12 to 14 seats and no steering wheel or pedal. The vehicles will be operated in “contained geo-fenced areas” where speed limits are 35 miles an hour or less, Hinrich Woebcken, advisory board member for Beep, a mobility service provider, said.

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