A Meta Spokesperson Tells Reuters Meta Platforms Is Not Expecting To Receive Shipments Of Nvidia's New Flagship Artificial Intelligence Chip This Year
Portfolio Pulse from Benzinga Newsdesk
A Meta spokesperson informed Reuters that Meta Platforms does not anticipate receiving Nvidia's new flagship AI chip this year. This announcement could impact the supply and deployment plans for Meta's AI initiatives.
March 19, 2024 | 7:26 pm
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NEGATIVE IMPACT
Meta Platforms may face delays in AI project deployments due to the unavailability of Nvidia's new AI chip.
The delay in receiving Nvidia's AI chip could hinder Meta's ability to deploy or enhance AI-driven projects and services, potentially affecting its competitive edge and innovation pace in the AI space.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Nvidia may experience potential concerns from investors regarding its supply chain or production capabilities for its new AI chip.
The inability to deliver its new AI chip to Meta as anticipated might lead investors to question Nvidia's supply chain robustness or production capacity, potentially impacting investor confidence and stock performance.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70