Nvidia Stock Price Falls 2.3% Despite d-Matrix Partnership

Published by

Anjali Belgaumkar

September 10, 2026

Nvidia stock fell 2.35% Thursday even after announcing a collaboration with AI inference chipmaker d-Matrix. Under the deal, d-Matrix will use Nvidia’s NVLink Fusion to connect its next-generation Raptor XPUs to Nvidia’s AI platform, giving the chipmaker a path to deploy its custom chips at large AI data centers. Raptor will rely on Nvidia’s NVLink for scale-up connections and Spectrum-X for scale-out links, while also adopting Nvidia’s MGX rack design. The stock’s decline came alongside a broader Nasdaq pullback tied to rising oil prices and ongoing US-Iran tensions, overshadowing the partnership news.

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