Nvidia Stock Dips After Oracle Snub: Larry Ellison Calls It 'Chip Neutrality'
NVIDIA Corp. (NASDAQ:NVDA) shares dipped in Wednesday's extended trading after Oracle Corp. (NYSE:ORCL) chairman and CTO Larry Ellison said his company will purchase chips from any producer in prepared remarks released with the company's earnings report.NVDA stock is moving. Watch the price action here.The Details: Ellison made it clear that Oracle will purchase premium chips from any maker in order to provide clients with the products they are looking to deploy. He dubbed the policy "chip neutrality." Read ...