Nvidia stock was down slightly Monday but has been in and out of positive territory. Nvidia shares were down 0.3% at $131.48 on Monday. Nvidia’s recent 10-for-1 stock split has helped the stock’s rally.
The U.S. Supreme Court agreed on Monday to hear a bid by Nvidia to scuttle a securities fraud lawsuit accusing the artificial intelligence chipmaker of misleading investors about how much of its sales went to the volatile cryptocurrency industry. The justices took up Nvidia's appeal made after a lower court revived a proposed class action brought by shareholders in California against the company and its CEO Jensen Huang. Santa Clara, California-based Nvidia is a high-flying company that has become one of the biggest beneficiaries of the AI boom, and its market value has surged.
NVIDIA Omniverse Cloud Sensor RTX Generates Synthetic Data to Speed AI Development of Autonomous Vehicles, Robotic Arms, Mobile Robots, Humanoids and Smart Spaces NVIDIA Omniverse Cloud Sensor RTX NVIDIA Omniverse Cloud Sensor RTX generates synthetic data to speed AI development of autonomous vehicles, robotic arms, mobile robots, humanoids and smart spaces. SEATTLE, June 17, 2024 (GLOBE NEWSWIRE) -- CVPR—NVIDIA today announced NVIDIA Omniverse Cloud Sensor RTX™, a set of microservices that enab