Ai Focus
NVIDIA rose 2% to $216 before trading on Tuesday, following the company's announcement that it would invest $3 billion in the equity issuance of Meta Platforms. Under the expanded partnership, Meta will run more next-generation Muse AI agents on NVIDIA's infrastructure, including Vera Rubin systems and Vera CPU. Meta also increased its planned share sale to up to $97.5 billion to support its AI expansion. Other chip stocks also saw gains, with Broadcom rising 2.29% after reaching a $63 billion financing deal related to Anthropic's computing power demand.
After investing $3 billion, Meta, NVIDIA's stock price has risen to around $217.
In pre-market trading on Tuesday, NVIDIA's stock price rose 2% to $216. Previously, the chip manufacturer stated that it would invest $3 billion in participating in the equity issuance of Meta Platforms.
According to the expanded partnership, Meta will run more next-generation Muse AI proxies on NVIDIA infrastructure, including the Vera Rubin system and Vera CPU.
Two companies are also developing tools for monitoring these proxy behaviors.
Meta has increased the planned share sale size to up to $97.5 billion in order to fund the construction of its AI.
Other chip stocks also rose, with Broadcom increasing by 2.29%. Previously, the company completed a $63 billion financing deal related to the computing power requirements of Anthropic.
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