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Market Chatter: Nvidia Faces Potential Delay to New AI Chips Due to Design Issues
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Market Chatter: Nvidia Faces Potential Delay to New AI Chips Due to Design Issues
Aug 5, 2024 2:33 AM

05:23 AM EDT, 08/05/2024 (MT Newswires) -- Nvidia's ( NVDA ) new artificial intelligence chips could be delayed by at least three months due to design issues and this could affect major customers such as Microsoft (MSFT), Meta Platforms (META) and Alphabet's (GOOG, GOOGL) Google, The Information reported Friday, citing unnamed sources familiar with the matter.

The report said the three tech giants collectively ordered tens of billions of dollars' worth of the Nvidia ( NVDA ) chips.

Nvidia ( NVDA ) launched the Blackwell chip series in March and a company spokesperson said in an emailed statement that Blackwell's sampling has started, with production on track for ramp up in H2, Reuters said.

Nvidia ( NVDA ), Microsoft, Meta Platforms and Google did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 106.73, Change: -0.54, Percent Change: -0.50

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