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The post Why Is Nvidia Stock Down Today? AI Spending Fears And China Probe Headlines appeared first on Coinpedia Fintech News Nvidia shares dropped 3.06% in premarket trading on Friday to $207.12, down $6.54 from Thursd...
OpenAI is reportedly preparing to buy Google’s TPU processors, potentially reducing its reliance on Nvidia. The companies have not confirmed the plan, while OpenAI is also testing TPUs, developing a Broadcom-built chip and maintaining major hardware arrangements with Nvidia and AMD.
Injective has launched perpetual futures tied to rental prices for Nvidia’s H100, B200, H200, A100 and RTX 4090 GPUs. The index offers up to 10x leverage and may help AI companies hedge computing costs as concerns grow over neocloud profitability.
Bitcoin’s 90-day realized volatility is about 38%, close to Nvidia’s 37% but far above gold, the S&P 500 and EUR/USD. CoinDesk’s comparison shows bitcoin has become calmer since 2020, yet it still behaves more like a volatile technology stock than a national currency.
Brent crude rose to $111.66 a barrel as AI-linked stocks fell across global markets. The Nasdaq, S&P 500 and major Asian indexes declined, while investors focused on corporate debt, elevated Treasury yields and upcoming Federal Reserve decisions.
