What’s Going On With Nvidia Stock Wednesday?

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Nvidia Corp (NASDAQ: NVDA), better known as the artificial intelligence kingpin, has enjoyed a stellar year and is in no mood to slow down. The chipmaker gained over 215% YTD and over 50% last quarter as it tapped the ChatGPT frenzy by planning well in advance, beating its peers like Advanced Micro Devices, Inc (NASDAQ: AMD). The trillion-dollar chipmaker looks to triple the production of its H100 AI processor for 2024 vs. the 500,000 units anticipated in 2023. No wonder it prompted Saudi Arabia and the United Arab Emirates (UAE) to acquire its high-end chips aggressively. Chinese tech compani…

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