Nvidia stock retook the 50-day moving average as it tracked toward a four-day rally Thursday. As it heads into its second-quarter report later this month, Nvidia's recent stock action holds a mix of the good and the bad. On Tuesday, shares rose to retake the 21-day exponential moving average amid news that China-based Huawei Technologies is testing an advanced artificial intelligence chip that is comparable to Nvidia's H100. Read More...
Nvidia stock retook the 50-day moving average as it tracked toward a four-day rally Thursday. As it heads into its second-quarter report later this month, Nvidia’s recent stock action holds a mix of the good and the bad. On Tuesday, shares rose to retake the 21-day exponential moving average amid news that China-based Huawei Technologies is testing an advanced artificial intelligence chip that is comparable to Nvidia’s H100.
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