UBS analysts expect Blackwell chips to debut later this year
- Nvidia stock slips as new chips face potential delay
- UBS analysts expect Blackwell chips to debut later this year
- Blackwell chips offer significant reduction in power consumption
- Blackwell shipments may start in December
- Delay could impact growth in October quarter
- Hopper demand remains strong ahead of product transition
- UBS analyst raises price target for Nvidia stock
- Mixed trading for other chip makers AMD and Intel
- Nvidia stock has increased 77% this year
Nvidia stock edged lower on Tuesday as the chip maker’s new Blackwell hardware faces a potential delay. UBS analysts anticipate the debut of Blackwell chips later this year, which offer a significant reduction in power consumption compared to the company’s Hopper chips. CEO Jensen Huang stated that Blackwell can train an AI model with one quarter as many graphics-processing units. UBS analyst Timothy Arcuri noted that Blackwell shipments may start in December, slightly later than originally assumed. A delay could impact growth in the October quarter, but Arcuri remains optimistic about Hopper demand and raised his price target for Nvidia stock. In other chip maker news, Advanced Micro Devices was up 0.2% while Intel was down 1.3%. Nvidia stock has seen a 77% increase this year.
Factuality Level: 2
Factuality Justification: The article is focused on providing updates about Nvidia’s stock performance and the launch of their new Blackwell hardware. It lacks depth and context, contains unnecessary details about stock prices, and does not provide a comprehensive analysis of the situation. The article also includes some biased language, such as referring to UBS analysts’ predictions as if they were certain facts.
Noise Level: 2
Noise Justification: The article provides relevant information about Nvidia’s new Blackwell hardware and its impact on the stock market. It includes details about the performance of the stock, analyst predictions, and comparisons between different chips. The article stays on topic and provides data to support its claims. However, it lacks in-depth analysis, accountability, and actionable insights, which prevents it from scoring higher on the noise level rating.
Financial Relevance: Yes
Financial Markets Impacted: Nvidia stock
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The news article pertains to the financial topic of Nvidia stock and its upcoming Blackwell hardware. There is no mention of any extreme event.
Public Companies: Nvidia (NVDA), Advanced Micro Devices (AMD), Intel (INTC)
Key People: Jensen Huang (CEO), Timothy Arcuri (UBS Analyst)
Reported publicly:
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