U.S. Stock Market Update | NVIDIA dips 0.7% as Amazon pauses its "super chip" orders

On Tuesday, Nvidia's stock price fell slightly, with the stock down 0.7% to $941.2 as of the time of writing. Amazon's cloud computing department has halted orders for Nvidia's most advanced "super chip" to wait for a more powerful new model. Nvidia released a new generation processor, Blackwell, in March this year, less than a year after its predecessor Hopper began shipping to customers. The company's CEO, Jensen Huang, stated that the new product will double the performance in training large language models. Amazon's cloud computing department mentioned that the company has "completely transitioned" from the previously ordered Grace Hopper super chip to Grace Blackwell