Nvidia ai chips upside q1 earnings to watch
Nvidia Stock Slips. Here's When Its New AI Chips Could Hit the Market
Nvidia was edging lower early Tuesday. The chip maker's new Blackwell hardware likely will hit the market late this year and provide a catalyst for the stock, according to analysts at UBS.Nvidia has erased losses from earlier this month when its shares dropped below $800. However, it remains short of its highs of about $950 as it prepares to launch its new range of Blackwell chips.Compared with Nvidia's existing Hopper chips, Blackwell can train an AI model with one quarter as many graphics-processing units and almost as significant a reduction in power consumption, said CEO Jensen Huang.UBS analyst Timothy Arcuri wrote in a research note Monday that the Blackwell chips could start shipping in December."Blackwell shipments are commencing a little later than our original October assumption with test timelines suggesting late November or December as more likely," Arcuri wrote.That means Nvidia could have a patch of slower growth in the October quarter but that's not a reason to worry abo
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