US Stock Market Move | Huang Renhun hits back at SemiAnalysis's product delay theory, NVIDIA Corporation (NVDA.US) tumbles by 3%.
On Thursday, NVIDIA (NVDA.US) fell by 3%, with its market value dropping below $500 billion, now trading at $206.69.
On Thursday, NVIDIA Corporation (NVDA.US) fell by 3%, with market value dropping below 500 billion US dollars, now trading at 206.69 US dollars. On the news front, earlier this month, research institute SemiAnalysis reported that due to difficulties in manufacturing a specialized circuit board responsible for connecting electronic modules, the launch of NVIDIA Corporation's next-generation AI server rack system has been delayed. NVIDIA Corporation's founder and CEO Huang Renxun stated that the company's next-generation AI accelerator system Vera Rubin has entered the production stage and will be delivered to customers as planned to respond to reports that manufacturing issues may cause product delays. Huang Renxun said on Wednesday: "These reports are not true. Vera Rubin is in production, and mass production is imminent."
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