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NVIDIA (NASDAQ:NVDA) Trading Up 2.6% – Here’s What Happened
['Kim Johansen']
Markets Daily
NVIDIA Corporation (NASDAQ:NVDA – Get Free Report)’s share price traded up 2.6% during mid-day trading on Tuesday .
Key NVIDIA NewsHere are the key news stories impacting NVIDIA this week:Get NVIDIA alerts:Positive Sentiment: New Blackwell demand: Corvex signed a multi-year agreement for NVIDIA Blackwell GPU infrastructure, including Quantum-2 InfiniBand networking and dedicated high-speed storage.
Nvidia Stock Surges as Corvex Secures Multi-Year Blackwell GPU DealCorvex signed a multi-year agreement for NVIDIA Blackwell GPU infrastructure, including Quantum-2 InfiniBand networking and dedicated high-speed storage.
NVIDIA Facing 12-to-1 Demand to SupplyAnalysts and market commentators cited chip scarcity and an estimated demand-to-supply imbalance of roughly 12-to-1.
Also, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction on Wednesday, May 27th.