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How will NVIDIA's stock price change by end of Q1 2025?
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Story
NVIDIA to Ship Hopper and Blackwell Systems in Q4 2025 as Demand Exceeds Supply; Revenue Guide at $37.5 Billion
Nov 20, 2024, 09:28 PM
NVIDIA Corporation announced that it will begin shipping its Hopper and Blackwell systems in the fourth quarter of 2025 and continue to ramp production into fiscal 2026. The company is facing supply constraints for both systems, with demand for the Blackwell system expected to exceed supply for several quarters in fiscal 2026. This anticipated demand has been highlighted in recent commentary from NVIDIA's CFO, Colette Kress, who noted that the current generation AI chip, the H200, has also seen significant growth during the quarter. Despite these developments, NVIDIA's stock experienced a decline of 4% amid concerns regarding supply challenges and a revenue guidance that was only slightly above consensus expectations.
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