U.S. stocks move | Nvidia (NVDA.US) rises nearly 3% intraday on reports of developing a world-class open-source model

According to Jinzhitong Finance APP, on Wednesday, NVIDIA (NVDA.US) rose nearly 3% intraday to $223.73, marking its highest level in two months, with a total market capitalization of $5.44 trillion. In terms of news, it was reported that NVIDIA is fully developing an open-source model, Nemotron 4, with at least 1 trillion parameters, aiming to reduce its reliance on major clients such as OpenAI and major cloud providers. NVIDIA's goal is to make the largest version of Nemotron 4 competitive with the world’s top open-source models. Several employees revealed that the parameter count of this model is expected to reach at least 1 trillion—about twice that of its current largest model, Nemotron 3 Ultra.