Nvidia stock and Meta Muse partnership, Digi Mart USA News: Nvidia gained 3.2% on Friday as AI and semiconductor stocks recovered from a broad technology sell-off. According to the publisher, AP described the rise as a rebound following that sell-off.
The publisher reported on Tuesday that Nvidia requires evidence of sufficient demand from cloud customers outside China before continuing business relationships. Nvidia said its policy supports the worldwide buildout of American infrastructure.
Separately, the publisher reported that on Thursday three Republican committee chairs in the House of Representatives asked Nvidia CEO Jensen Huang for a closed-door briefing. The inquiry concerned his reported contacts with a woman accused of spying for China.
The allegations are unproven, and Nvidia described Huang’s customer meetings as ordinary business activity.
Melius Research reportedly kept its Buy rating on November 2 but lowered its price target from $420 to $315. The publisher noted that the cut reflects a more cautious valuation framework.
On October 27, Nvidia and Meta announced an expanded collaboration on Meta’s Muse model family, aimed at improving training and inference performance. Nvidia’s next scheduled event is its earnings call for the third quarter of fiscal 2027 on November 17.
