NVIDIA Boosts Arm and SoundHound AI Shares! #stockmarketnews #nvidia #nvidiahighlights

Nvidia Boosts Arm and SoundHound AI Shares! 📈 In a strategic move, Nvidia has doubled down on smaller AI players. Their bets? Healthcare firms Nano-X Imaging and Recursion, along with chipmaker Arm Holdings. The result? A premarket surge in these companies’ shares. Arm, the British chip designer, snagged the biggest investment from Nvidia—$147.3 million. Why? Because Arm’s processors beautifully complement Nvidia’s AI chips in data centers. And here’s the kicker: Arm’s shares have skyrocketed over 60% since its robust quarterly forecast last week. 2024 is shaping up to be a year of strategic alliances and market dominance. Keep an eye on these players—they’re rewriting the AI playbook!

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