From Nasdaq: 2024-08-06 11:25:24

Analysts believe concerns about delays in Nvidia’s upcoming AI chips are overblown, with a potential three-month setback due to design flaws. The impact on revenue and demand is expected to be minimal. Despite the delay, Nvidia’s strong competitive position and continued demand for AI chips are likely to remain unaffected.

Nvidia’s dominant position in the AI chip market, with over 80% market share, makes it a key player in the AI industry. The company’s existing “Grace Hopper” chips can help offset any delays in the Blackwell chips. Analysts are optimistic that Nvidia will address any issues through updates, ensuring long-term demand for their data center solutions.

Looking ahead, Nvidia’s data center revenue driven by AI chip demand is expected to continue growing. While there may be delays in the production of the Blackwell chips, Nvidia remains on track to release them in the second half of the year. The company’s commitment to resolving any issues and meeting demand remains strong.



Read more at Nasdaq: Nvidia’s Market Dominance Intact Amid AI Chip Launch Concerns