Exclusive-Nvidia pursues $30 billion custom chip opportunity with new unit -sources
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/18/2026
- Tech selloff pulls Wall Street to two-week lows as oil and yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Trump threatens to bomb Oman over Iran stance
- Tech selloff pulls Wall Street to two-week lows as oil and yields climb
Nvidia (NVDA) reportedly planning to launch custom chipmaking unit - report
February 9, 2024 7:51 AM ESTAccording to Reuters, Nvidia (NASDAQ: NVDA) is launching a new division aimed at designing custom-made chips for cloud computing entities and other sectors, including cutting-edge AI processors.
NVDA rose 1% in premarket trading Friday.
This move represents a part of Nvidia's effort to seize opportunities in the booming custom AI chip market... More

