Nvidia shares are trading lower Wednesday after CEO Jensen Huang reportedly acknowledged that Taiwan Semiconductor assisted in resolving a design flaw in its latest Blackwell AI chips.
Portfolio Pulse from Benzinga Newsdesk
Nvidia shares declined after CEO Jensen Huang acknowledged that Taiwan Semiconductor helped resolve a design flaw in Nvidia's latest Blackwell AI chips.
October 23, 2024 | 6:25 pm
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Nvidia's stock is trading lower following CEO Jensen Huang's admission that Taiwan Semiconductor assisted in fixing a design flaw in Nvidia's Blackwell AI chips.
The acknowledgment of a design flaw in Nvidia's Blackwell AI chips and the need for external assistance from Taiwan Semiconductor could raise concerns about Nvidia's product development process, leading to a short-term negative impact on its stock price.
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