AI stock Nvidia crashed but Netweb Technologies shares jumped 8% today after falling 13% in 1 month? Reasons; target
Netweb share price, Nov. 11 -- While global AI heavyweight Nvidia came under pressure on Wall Street, Indian AI infrastructure company Netweb Technologies moved in the opposite direction, with its shares rallying nearly 8% in morning trade on Wednesday, November 11.
While Nvidia shares tumbled 5.5% in overnight trading on Wall Street amid an investigation into CEO Jensen Huang's relationship with a woman suspected of being a Chinese spy, Indian AI stock Netweb Technologies moved in the opposite direction, surging nearly 8% on Wednesday, November 11.
The contrast is notable given Netweb Technologies' 15-year partnership with Nvidia, one of the world's leading AI chipmakers. Huang has acknowledged the reported relationship and apologised,...
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