Stock Market Live January 6: Nvidia Revs Up, S&P 500 (VOO) Slips
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Stock Market Live January 6: Nvidia Revs Up, S&P 500 (VOO) Slips
"Last night, the AI semiconductor chip leader announced it wants to use its "Drive AGX Thor" chips and "Drive AV" autonomous vehicle software to enable Level 4 autonomous driving in robotaxi fleets. (Level 4 autonomy encompasses entirely autonomous driving by the car, without human assistance, within pre-determined areas). Nvidia expects its tech to be ready for widescale deployment in 2027. Mercedes-Benz plans to unveil a robotaxi powered by Nvidia tech later this year."
""Investors are kind of yawning at what Nvidia stock is doing right here. And I think we sit here six to nine months from now, I think it's a table-pounder opportunity to own Nvidia, to own Microsoft and to obviously own names like Oracle as well ... Investors are underestimating what the demand is going to look like for Nvidia ... 2026, I see as a golden year for Microsoft.""
Nvidia plans to deploy Drive AGX Thor chips together with Drive AV software to achieve Level 4 autonomous driving in robotaxi fleets. Level 4 autonomy permits fully autonomous operation within predefined areas without human assistance. Nvidia projects widescale readiness by 2027 and has a Mercedes‑Benz robotaxi unveiling planned later this year. The announcement lifted Nvidia stock more than 1% premarket and helped offset declines in the S&P 500, while the Vanguard S&P 500 ETF traded down about 0.1% premarket. Market commentary framed Nvidia and other AI companies as major investment opportunities, citing strong anticipated demand and growth.
Read at 24/7 Wall St.
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