A piece of news about Nvidia just came out, but it has nothing to do with the company making money. LITEON showcased 800-volt DC power technology for the Nvidia MGX ecosystem at OCP. It’s a supplier press release, published just 0.3 hours ago.
The $NVDA contract is now at 218.66, up 0.09%, with $392 million in volume—basically unchanged. This looks more like a hardware partner riding the AI infrastructure wave than an Nvidia order or earnings update.
I’m treating it as an ordinary ecosystem update, not as good news. I’d only change my view if trading volume picks up noticeably above 218.66; otherwise, it’s just a lot of buzz around the news while the market ignores it. A break below that level would show that even this bit of excitement can’t hold.
#NVDA #News
The $NVDA contract is now at 218.66, up 0.09%, with $392 million in volume—basically unchanged. This looks more like a hardware partner riding the AI infrastructure wave than an Nvidia order or earnings update.
I’m treating it as an ordinary ecosystem update, not as good news. I’d only change my view if trading volume picks up noticeably above 218.66; otherwise, it’s just a lot of buzz around the news while the market ignores it. A break below that level would show that even this bit of excitement can’t hold.
#NVDA #News