Akoustis Technologies shares are trading lower by 48% during Monday's session. A jury in the U.S. District Court for the District of Delaware ruled in favor of Qorvo in a lawsuit.
Nvidia Corp (NASDAQ: NVDA) stock is trading higher Wednesday amid reports of the artificial intelligence kingpin taking significant strides in securing High Bandwidth Memory (HBM) by making substantial advance payments to SK Hynix and Micron Technology, Inc (NASDAQ: MU), totaling billions. The move aims to ensure a stable supply of HBM3e for forthcoming GPU products scheduled for 2024, indicating Nvidia's proactive strategy in a highly competitive market, Digitimes reports. This substantial prep