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International Business Times UK
International Business Times UK
Business
Luis Vincent Gochoco

Nvidia Stock Price's Wild Rollercoaster: Shares Plummet Then Roar Back After AMD's Shock OpenAI Deal

For what has felt like an eternity in the fast-moving world of technology, Nvidia has been the undisputed king of artificial intelligence. The company's stock has soared, its valuation has skyrocketed, and its name has become synonymous with the AI revolution.

But on Monday, the monolithic giant felt a tremor as a formidable rival, Advanced Micro Devices (AMD), announced a groundbreaking partnership with OpenAI, sending shockwaves through Wall Street and signalling that the race for AI dominance is far from over.

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