Nvidia says next-gen Blackwell chip sales will top prior forecasts, calming delay worries [Yahoo! Finance Canada]
NVIDIA Corporation (NVDA)
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Source: Yahoo! Finance Canada
Nvidia ( NVDA ) is assuaging Wall Street's concerns about any potential slowdowns in the production of its next-generation Blackwell chip, telling investors during the company's earnings call on Wednesday that it's on pace to exceed its previous revenue estimates for the current quarter. “Blackwell production is in full steam,” CEO Jensen Huang said during the call. “I think we're in great shape with respect to the Blackwell ramp at this point.” Prior to the earnings call, The Information reported on Nov. 17 that Nvidia was contending with overheating issues related to its Blackwell-based servers leading suppliers to adjust the design of the racks that house the servers. Nvidia responded at the time saying that design iterations are normal and expected. The report followed a separate Blackwell design issue that Nvidia addressed over the summer, which gave Wall Street pause about whether the chip would land on customers' doorsteps on time. Now Nvidia is saying that the chips a
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- 11/14/24 - Form 13F-HR
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