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Market Chatter: Nvidia Plans to Invest in Chip Rival d-Matrix

MT Newswires Live
52 mins ago

Nvidia (NVDA) plans to invest in d-Matrix, a developer of AI server chips that aims to compete with Nvidia, The Information reported, citing three people familiar with the deal.

The investment is part of Nvidia's strategy to align its technology with rival chip developers and bring them into its hardware ecosystem, according to the late Thursday report.

Nvidia and d-Matrix did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 229.73, Change: -0.75, Percent Change: -0.33

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