Nvidia's Delay of Blackwell Chip Heightens Investor Concern Amid Stock Decline

Reported 30 days ago

Nvidia investors are anxious for updates on the delayed Blackwell chip as its stock continues to drop, having fallen 13% since the last earnings report. Although CEO Jensen Huang reassured investors that significant revenue is expected from Blackwell, production issues and broader tech sector concerns have exacerbated fears. Details on the chip's rollout are eagerly anticipated at an upcoming Goldman Sachs conference, with analysts emphasizing the importance of communication regarding production timelines to stabilize investor confidence.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis