Nvidia Falls, Micron Rises, Tilray Brands Up on Cannabis Reclassifying On this episode of Stock Movers:
On this episode of Stock Movers:
- Nivida (NVDA) shares fall. Semiconductor analysts are mixed on the news that Nvidia and Advanced Micro Devices will pay 15% of their revenues from Chinese AI chip sales to the US government in order to secure export licenses. While they see upside from the China market, they worry about the precedent.
- Micron (MU) shares rise. Micron Technology Inc. raised its fiscal fourth-quarter revenue and earnings outlook, citing “improved pricing” for a key product. - Tilray Brands (TLRY) rises. Stocks of cannabis producers are climbing Monday morning after the Wall Street Journal reported that US President Donald Trump is considering reclassifying marijuana as a less dangerous drug.
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