AI Demand Is Pushing GPU Prices Higher With Direct Impact On Nvidia (NVDA) Stock
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Nvidia Corporation (NVDA) is experiencing rising GPU prices due to increased demand for AI data centers, which is tightening the supply of memory chips. The price of key graphics memory has surged from about $5.50 to over $20 in just over a year, significantly impacting GPU manufacturing costs. Despite steady overall demand, NVDA shares fell 0.55% to close at $186.50 on Tuesday.
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