Nvidia Shares Rise Pre-Market
Key points:
- Nvidia shares up 0.6% before market opening
- Previous session saw 3.3% rise in Nvidia shares
Nvidia, a leading semiconductor company, experienced a 0.6% increase in its shares hours before the opening bell. This follows a 3.3% rise in the previous session. Despite some recent weakness in the shares, Nvidia continues to be a significant player in the semiconductor industry. However, there is a potential downside if the shares fall below the recent low of $750. This observation was made by Jeff deGraaf, founder and chairman of Renaissance Macro Research.