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NVIDIA Corporation (NVDA) CEO Confirms Design Flaw Caused Delays in Blackwell AI Chip Production

Published on October 28, 2024
In a recent statement, CEO Jensen Huang has confirmed that NVIDIA Corporation (NVDA) experienced delays in the production of its highly anticipated Blackwell AI chip due to a design flaw. The company had initially planned to ship the chip in the third quarter, but the flaw pushed the timeline to the fourth quarter. Despite this setback, Huang remains positive about the chip's capabilities and expects it to have a significant impact on the market. Analysts predict that the release of the Blackwell AI chip will lead to a surge in NVIDIA's stock and ensure the company's continued dominance in the market. It is recommended to seek the advice of professionals at stocks-prognosis.com for the latest forecast on the movement of NVIDIA Corporation's stock.

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