NVIDIA’s stock climbed more than 3% after Hewlett-Packard, a leading U.S. computer manufacturer, unveiled a new product featuring NVIDIA’s latest artificial intelligence (AI) chip, Blackwell.
On Thursday, NVIDIA shares jumped 3.16% to $135.29 on the New York Stock Exchange, pushing the company’s market capitalization to $3.313 trillion.
Hewlett-Packard announced the launch of its first product powered by NVIDIA’s Blackwell chip on the same day.
This development eased concerns over potential delays in Blackwell’s release, which had been weighing on NVIDIA’s stock.
The unveiling of Hewlett-Packard’s Blackwell-equipped product appears to have dispelled these worries.
Hewlett-Packard’s stock also edged up 0.90% following the announcement.