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Benzinga
Benzinga
Business
Henry Khederian

Nvidia Stock Slides As $500B Stargate AI Venture Reportedly Stalls

Nvidia Stargate NVDA Nvidia Corp Artificial Intelligence Benzinga Edge Semiconductor
Nvidia Corp.

Shares of NVIDIA Corp (NASDAQ:NVDA) and other semiconductor stocks are trading lower Tuesday amid investor concern over the future of a massive artificial intelligence project. Here’s what investors need to know.

What To Know: The pressure follows reports that Stargate, the ambitious $500 billion AI infrastructure joint venture between SoftBank and OpenAI, is facing significant delays and has scaled back its near-term goals.

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