Nvidia's Reported $5 Billion SSI Investment Fails To Lift NVDA Stock Amid Chip Stocks Selloff
Shares of Nvidia (NVDA) fell sharply in midday trading Monday, even after a report said the chipmaker had committed $5 billion to Safe Superintelligence (SSI), the artificial intelligence startup founded by OpenAI co-founder Ilya Sutskever.NVDA’s stock fell as much as 5.3% amid broader weakness in…