NVIDIA shares rise 0.57% as Apple demonstrates trillion-parameter Mac AI setup

  • Apple demonstrated four Mac Studios running a one-trillion-parameter AI model locally.
  • NVIDIA shares gained 0.57% to $228.68 after touching nearly $225.70 intraday.
  • NVIDIA reported $89 billion in latest-quarter data-center revenue against $96.2 billion overall sales.

NVIDIA shares rose 0.57% to $228.68 on Tuesday after recovering from an intraday low near $225.70, as Apple showcased four Mac Studio computers running a one-trillion-parameter artificial intelligence model locally. The demonstration highlighted Apple’s push to handle AI workloads on company-owned hardware, while NVIDIA remains focused on large-scale data-center infrastructure. NVIDIA reported $89 billion in data-center revenue in its latest quarter, compared with total quarterly revenue of $96.2 billion, making the segment roughly 92.5% of sales. NVDA held above $228 through midday and approached resistance near $229.

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NVIDIA shares rise 0.57% as Apple demonstrates trillion-parameter Mac AI setup - CoinPost Terminal