The Market Cap for Jensen Huang's Nvidia Climbs Past $5 Trillion as Reports of a Kyber Delay Are Dismissed
Nvidia is still the engine that makes AI run, but it's becoming increasingly difficult for it to sustain a stock price rally.
Overview
On July 5, the semiconductor and artificial intelligence (AI) analysis company SemiAnalysis issued a statement suggesting that Nvidia (NASDAQ: NVDA) could be facing a more than one-year delay in an important product launch.
The chipmaker was quick to respond, and the stock price has climbed since CEO Jensen Huang's company issued a statement that pushed back against those claims.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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