BUZZ-Nvidia falls after report on overheating issue with Blackwell AI chips
Reuters11-18
BUZZ-Nvidia falls after report on overheating issue with Blackwell AI chips** AI chip firm Nvidia's NVDA.O shares down 2.5% to $138.42 premarket
** Company's new Blackwell AI chips are experiencing overheating issues when connected in server racks designed to hold up to 72 chips, the Information reported on Sunday
** Overheating issues causing some customers to worry they will not have enough time to get new data centers up and running - report
** Nvidia set to report Q3 results on Wednesday
** Stock rated "buy" on average, median PT $165 - LSEG
** As of last close, Nvidia's shares have nearly tripled this year vs ~24% rise in Nasdaq .IXIC
(Reporting by Ragini Mathur)
((Ragini.Mathur@thomsonreuters.com))
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