Nvidia Shares Slip After Minority Stake in Power-Grid Infrastructure Backer
Nvidia dipped about 0.5% to $215.74 as it took a minority stake in Cloverleaf Infrastructure, aiming to ease the AI power bottleneck. The move supports efforts to mobilize over $500 billion for data-center power and grid buildout, boosting accelerator deployment. Investors watch the Aug. 26 earnings report, with the stock far below GuruFocus valuation.