Every move made by NVIDIA affects the market's nerves!
On Thursday, in the US stock market, Nvidia experienced another sharp decline after a significant increase; On Friday, Nvidia's US stock fell as much as 7% during trading, with significant fluctuations in recent times. At the same time, there are also updates coming out.
Firstly, the United States has initiated an investigation into Nvidia. On the one hand, according to five directly informed sources, lawyers from the Department of Justice are investigating the acquisition of artificial intelligence startup Run: Ai by semiconductor company Nvidia on antitrust grounds. The two companies announced the transaction at the end of April, but did not disclose the price. On the other hand, progressive groups in the United States and Democratic Senator Warren are urging the Department of Justice to investigate Nvidia, arguing that the company dominates the AI chip market and opposing Nvidia's bundling of software and hardware.
Secondly, industry insiders have reported that Nvidia's NV cards have been delayed in shipment. According to reports from securities research institutions, the B100 and B200 models have been cancelled, and previous orders will be delivered at a 20% order quantity. They will be upgraded to B200A and are expected to be delivered starting in the middle of next year. However, it is currently understood that the progress of GB200 has not been delayed.
Finally, according to media reports, Elliott Management, the top hedge fund on Wall Street, which manages about $70 billion (about 500 billion yuan) of assets, told investors that large technology giants, especially Nvidia, were in the midst of a foam, and the artificial intelligence technology that drove their stock prices to rise violently was over hyped. The agency stated that many of Nvidia's largest customers are also developing their own chips, and Elliott doubts whether large tech companies will continue to purchase Nvidia's GPUs in large quantities. According to Wall Street Journal, Elliott declined to comment on the above viewpoint.
Overnight in the US stock market, Nvidia fell as much as 7% during trading, closing at $107.27 per share.
Nvidia under investigation