Market turmoil overshadowed AI chip announcements at Computex Taipei, keeping Nvidia stock flat.

From Yahoo Finance: 2025-05-19 10:53:00

Nvidia stock remained flat as market turmoil affected chipmakers, overshadowing AI chip news at Computex Taipei. Stocks recovered slightly after Moody’s lowered the US credit rating, raising concerns over fiscal stability. President Trump announced high tariff rates before issuing a 90-day pause. Nvidia fell before market open but saw gains last week on optimism about AI business abroad. Nvidia announced the ability for customers to build semi-custom AI servers with other companies’ AI chips alongside its own Arm-based CPU. Bank of America analyst Vivek Arya reiterated a Buy rating on Nvidia following the announcement. Nvidia is set to release quarterly earnings results on May 28. At Computex, Qualcomm plans to release CPUs that can pair with Nvidia’s AI chips, while Intel debuted its own AI chips.



Read more at Yahoo Finance: Nvidia stock wavers as market turmoil eclipses AI chip announcements