SERV pre-market gains expand by over 60%! NVIDIA turns things around

LB Select
2024.07.22 09:10
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The surge in SERV is different from NVIDIA's simple buy-in of holdings in the past, this time it is NVIDIA's increase in holdings

Delivery robot stock SERV continues to soar by over 60% in pre-market trading:

Last week, NVIDIA announced that it has continued to increase its holdings of SERV common stock, totaling 3,727,033 shares.

The sharp rise in SERV is different from NVIDIA's simple buying of existing holdings in the past, this time it is an increase in holdings by NVIDIA.

As early as 2022, NVIDIA exclusively invested $10 million in Serve Robotics.

Industry analysts believe that the significant increase in SERV is mainly due to NVIDIA's increased holdings, which has given confidence to the market and is also the main reason for market speculation. However, it is important to note the risks, as such speculative stocks generally have average performance and significant price fluctuations.

More information:

Robotics stock SERV soars by 70%! NVIDIA increases holdings

Delivery robot SERV set to go public, with NVIDIA and Uber as shareholders