Shares in the chip designer were up 0.4% at $140.69 in premarket trading. Futures tracking the benchmark S&P 500 index were down 0.2%. Nvidia stock tumbled 6.2% in the previous se

AI researchers and data scientists. Nvidia announced Project DIGITS — a desktop AI supercomputer with the company’s latest Blackwell AI chip starting at $3,000 — to enable AI researchers and data scientists to work on AI models without tapping “Nvidia’s cutting-edge AI chips housed in data centers,” the Journal reported.

Nvidia traded slightly higher after Jensen Huang's CES keynote. Traders are eyeing key economic data later in the week.

Chipmaker and AI darling Nvidia is back nipping at Apple's heels as the most valuable company in the world, with the stock hitting an all-time high Monday.

Shares of Nvidia (NASDAQ: NVDA) were under pressure on Tuesday, falling as much as 6%. As of 3:13 p.m. ET, the stock was still down 5.6%. Nvidia stock appeared to be caught up in overall market weakness,