US Stock Market Move | Launch of self-developed artificial intelligence chip "RAP1" Rivian Automotive (RIVN.US) soared over 16%
On Friday, Rivian Automotive (RIVN.US) surged over 16%, hitting a new high for the year and now trading at $19.19.
On Friday, Rivian Automotive (RIVN.US) soared over 16%, hitting a new high for the year, and is currently trading at $19.19. In terms of news, the American electric vehicle manufacturer Rivian has released its self-developed artificial intelligence chip "RAP1" and plans to install it in the R2 SUV to replace NVIDIA Corporation's technology. The RAP1 chip can process 50 billion pixels per second, achieving a computation speed of 1.6 trillion operations per second, which is four times faster than systems that rely on NVIDIA Corporation chips.
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US Stock Market Move | Stock prices continued to fall, with Broadcom Inc. (AVGO.US) dropping over 4%, and its high growth performance being questioned.
US Stock Market Move | Planned $7 billion acquisition of cybersecurity company Armis ServiceNow (NOW.US) leads to a drop of over 10%
US Stock Market Move | Hot Chinese concept stocks collectively fell, Alibaba Group Holding Limited Sponsored ADR (BABA.US) fell more than 3%.
US Stock Market Move | Stock prices continued to fall, with Broadcom Inc. (AVGO.US) dropping over 4%, and its high growth performance being questioned.
US Stock Market Move | Planned $7 billion acquisition of cybersecurity company Armis ServiceNow (NOW.US) leads to a drop of over 10%
US Stock Market Move | Hot Chinese concept stocks collectively fell, Alibaba Group Holding Limited Sponsored ADR (BABA.US) fell more than 3%.
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