Nvidia Reportedly Delays Next AI Chip As Shares Tank On Global Selloff
Posted on AllSides August 5th, 2024
From The Right
Nvidia Reportedly Delays Next AI Chip As Shares Tank On Global Selloff Nvidia shares plunged in early premarket trading in New York. The world's most valuable chip maker is being battered by a global selloff, rising recession fears, AI bubble unwind (mid-July report: "Did The AI Bubble Just Burst, And What Happens Next") , and reports of delays in its new AI chip production. The Information reports that Nvidia has informed Microsoft and other cloud providers that its most advanced AI chip models in the Blackwell series (B200 AI chip)...