What’s Going On With Nvidia Stock Friday?
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Benzinga
Benzinga
Nvidia Corp (NASDAQ: NVDA) stock is trading lower Friday in line with the broader index SPDR S&P 500 (NYSE: SPY) and Invesco QQQ Trust, Series 1 (NASDAQ: QQQ). While Nvidia remains jittery over supply chain constraints as it balanced out surging artificial intelligence demand, reports indicated Taiwan Semiconductor Manufacturing Company Ltd (NYSE: TSM) postponing the delivery of high-end chipmaking equipment. TSMC, a key Nvidia supplier, postponed production at its Arizona plant to 2025 due to recruitment difficulties and union opposition, adding incremental pressure on the contract chipmaker …