Nvidia slips as it files $10B mixed shelf offering
BING-JHEN HONG


Nvidia (NASDAQ:NVDA) shares fell more than 2.5% on Wednesday after the GPU giant disclosed that it had filed a $10B mixed shelf offering.
In a filing with the U.S. Securities and Exchange Commission, the Jensen Huang-led company said it would sell common stock, preferred stock, warrants, debt securities and purchase contracts.

Nvidia (NVDA) shares have gained more than 50% year-to-date as investors responded to the company's recent fourth-quarter results that topped Wall Street expectations and hype surrounding generative artificial intelligence.
Bank of America introduced a list of companies on Tuesday it believes will benefit from the rise of artificial intelligence, including Nvidia (NVDA) and several others.