Nvidia Faces Investor Scrutiny Over Blackwell Chip Delays, Big Revenue Expected: Report
Portfolio Pulse from Anusuya Lahiri
Nvidia faces investor concerns over delays in its Blackwell chip rollout, impacting its stock price. Despite a 15% drop, Nvidia anticipates significant revenue from Blackwell in the fiscal fourth quarter. Analysts highlight the delay as a concern, but some remain optimistic due to Nvidia's AI ambitions and supplier growth.
September 10, 2024 | 5:12 pm
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NEGATIVE IMPACT
Investors can gain exposure to Nvidia through the iShares S&P 500 Growth ETF, which includes Nvidia as a component. The ETF may be impacted by Nvidia's stock performance.
The iShares S&P 500 Growth ETF includes Nvidia, so its performance may be affected by Nvidia's stock drop due to the Blackwell chip delay. However, Nvidia's long-term growth prospects could mitigate short-term impacts.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 30
NEGATIVE IMPACT
Investors can gain exposure to Nvidia through the iShares Russell 1000 Growth ETF, which includes Nvidia as a component. The ETF may be impacted by Nvidia's stock performance.
The iShares Russell 1000 Growth ETF includes Nvidia, so its performance may be affected by Nvidia's stock drop due to the Blackwell chip delay. However, Nvidia's long-term growth prospects could mitigate short-term impacts.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 30
NEGATIVE IMPACT
Nvidia's stock has dropped 15% due to delays in the Blackwell chip rollout, but the company expects significant revenue from it in Q4. Analysts express concern over the delay, but Nvidia's AI ambitions and supplier growth offer some optimism.
The delay in the Blackwell chip rollout has directly impacted Nvidia's stock, causing a 15% drop. Despite this, Nvidia expects significant revenue from Blackwell in Q4, which could stabilize the stock. Analysts are concerned about the delay, but Nvidia's AI ambitions and supplier growth offer potential positive catalysts.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Taiwan Semiconductor Manufacturing Co, a key supplier for Nvidia, reported 33% topline growth in August 2024, indicating strong demand for Nvidia's AI chips and a recovering smartphone market.
TSMC's growth indicates strong demand for Nvidia's AI chips, which could positively impact Nvidia's supply chain and future revenue. This growth also suggests a recovering smartphone market, which is beneficial for TSMC.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 50