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Movement Alert|NVIDIA Falls 3.16% in Regular Trading, Wall Street Giants Form $500 Billion AI Financing Consortium Partnership

Market Focus08-11

On August 11, NVIDIA declined 3.16% in regular trading, trading at approximately $217.00 per share with turnover of $12.42 billion. The stock had already been under selling pressure earlier in the session, falling over 2% before additional headlines emerged.

A consortium comprising Apollo Global Management, Blackstone, BlackRock, Brookfield, Goldman Sachs, and KKR announced a strategic partnership with NVIDIA to establish a $500 billion AI infrastructure financing initiative, according to the Financial Times. The partnership aims to channel large-scale private capital into AI data center development. Separately, NVIDIA-backed AI cloud provider Lambda is raising $917 million through leveraged loans to purchase GPU chips, while NVIDIA itself plans to invest up to $3 billion in Lancium, a power infrastructure developer supporting the Stargate AI data center project. Despite these expansion-oriented developments, selling pressure persisted throughout the session.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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