U.S. stocks open with the Dow Jones down 0.04%; Nvidia rises 0.8% after reaching an agreement with Groq
ChainCatcher News, according to Golden Ten Data, at the opening of the US stock market, the Dow Jones Industrial Average fell by 0.04%, the S&P 500 Index rose by 0.04%, and the Nasdaq Composite Index rose by 0.1%. Nvidia (NVDA.O) rose by 0.8% after the company reached a non-exclusive technology licensing agreement with Groq. Mining stocks were influenced by the recent surge in metal prices, with one exchange rising by 3.4% and another by 1.9%. Storage concept stocks increased, with Micron Technology (MU.O) up 0.8% and SanDisk (SNDK.O) up 3.5%. Omdia expects AI demand to drive NAND prices up by 40% next year.
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