Investing / Technology
Add as a preferred source on GoogleNvidia fell 6.9% over the same close-to-close period and ended Nov. 11 about 29% below its October peak.
Measuring from the market close on Nov. 6 to the Nov. 11 close, Cerebras Systems shares rose 12.7%, while Nvidia fell 6.9%, leaving the chipmakers on divergent paths.
Cerebras closed Nov. 11 about 45% below the $185 price at which it went public and about 74% below the record high set on its first trading day. The advance followed an earlier decline that had taken the stock to a post-IPO low.
Nvidia finished Nov. 11 about 29% below its October peak.
Colette Kress will retain her finance role while the board weighs permanent candidates. Directors also named Harvey C. Jones as their first-ever chair.
The document is dated Aug. 21, but that date is not confirmed as the day the shares were sold.
Nvidia and Jensen Huang could face criminal liability if evidence links him to efforts to facilitate export violations or prevent scrutiny, former federal prosecutor Christina Clark said.
