Nvidia Partners With General Motors to Build Self-driving Cars

NVIDIA Corporation, a computing infrastructure company, provides graphics and compute and networking solutions in the United States, Singapore, Taiwan, China, Hong Kong, and internationally Partners With General Motors to Build Self-driving Cars.

Also in another news, IBM Taps NVIDIA AI Data Platform Technologies to Accelerate AI at Scale.

Apparently, shares of Nvidia (NASDAQ: NVDA) is undeterred by all this news presently down 3.43% trading with a weak RSI of 44.

The 78.6% Fibonacci retracement point is acting as support point for shares of NVidia a break below that pivot could lead to a dip to the 1-month axis. Similarly, a breakout above the 38.2% Fibonacci retracement point could catalyse a bullish renaissance for $NVDA.