US Stock Market Move | NVIDIA Corporation (NVDA.US) rose more than 2% in pre-market trading as Meta (META.US) plans to deploy hundreds of thousands of chips in the coming years.
As of the deadline for submitting the article, the stock has risen by more than 2%, reaching $188.74.
On Wednesday, the stock price of NVIDIA Corporation (NVDA.US) rose before the market opened, with the stock up over 2% to $188.74 at the time of writing. On the news front, Meta (META.US) has agreed to deploy "millions" of NVIDIA Corporation chips in the coming years, further solidifying the already strong cooperation between the two artificial intelligence industry giants. According to a previous statement, Meta has pledged to use more AI processors and network devices from NVIDIA Corporation. Additionally, Meta will for the first time adopt NVIDIA Corporation's Grace CPU as a core component in its standalone computers. This deployment will cover products based on NVIDIA Corporation's current Blackwell architecture, as well as the upcoming AI accelerator products designed by Vera Rubin.
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