Nvidia’s Blackwell Chip Delay Is Center Stage Amid Stock Slump
- CEO Jensen Huang is set to speak at a conference on Wednesday
- Investors will be listening for updates on next-gen processor
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Nervous Nvidia Corp. investors are eager for an update on its Blackwell chip rollout — hoping for a catalyst to halt the stock’s recent decline.
The next-generation processor was unveiled six months ago, but has faced engineering snags that delayed its release. While Chief Executive Officer Jensen Huang tried to reassure the market last month that revenue from the chip is coming soon, some investors were left wanting for details. That — along with broader macroeconomic jitters — has contributed to a 13% selloff since the earnings report.