Nvidia Stock Drops Amid Tech Sector Woes and Chip Delivery Delays

Reported 2 months ago

Nvidia's stock fell by 7.4% in early trading, extending its one-month decline to about 23%, driven by a broader tech stock pullback and reports of a design flaw causing delays in its new AI chips, known as Blackwell. Analysts are optimistic about long-term growth linked to Blackwell, despite potential short-term volatility in earnings as the company prepares for the new chip's production and delivery.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis