Stocks
Nvidia Stock Dips Amid $2 Billion Chip Startup Partnership
Nvidia's stock took a 2.5% hit to $217.97 on Thursday morning, despite a major partnership with chip startup d-Matrix.
d-Matrix has joined Nvidia's NVLink Fusion ecosystem, which allows custom processors and accelerators to work alongside Nvidia GPUs, networking, memory, and rack technology.
The startup plans to connect its Raptor inference processors directly to Nvidia's rack-scale infrastructure, expanding the reach of Nvidia's technology beyond its own chips.
d-Matrix aims to complete Raptor's final design in 2026 before compatible racks arrive in 2027. The processors are built for speed-sensitive applications such as coding assistants, chatbots, and voice agents.