ENXTAM:UMGEntertainment
Assessing Universal Music Group (ENXTAM:UMG) Valuation As New NVIDIA AI Partnership Takes Shape
Universal Music Group (ENXTAM:UMG) shares are in focus after the company agreed to collaborate with NVIDIA on responsible AI for music discovery, fan engagement, and artist tools, combining NVIDIA’s AI infrastructure with UMG’s large catalog.
See our latest analysis for Universal Music Group.
The NVIDIA collaboration comes as Universal Music Group’s share price, at €22.20, shows a 1-day share price return of 4.42%. Shorter term momentum is more positive than its 90-day share price return of a...