Nvidia’s Blackwell AI chip, initially delayed due to a design flaw, is now free of the error, allowing for increased production. CEO Jensen Huang took responsibility for the mistake, which caused low yield but has since been rectified, enabling rapid chip production. Despite the delay in shipping to the fourth quarter, Nvidia’s stock has rebounded, with intense demand for Blackwell from major tech companies like Amazon, Google, Meta, and Microsoft.
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Got $1,000? Here Are 2 Fantastic Stocks to Buy Right Now.
For those looking to invest in the stock market, Nvidia (NVDA) and Taiwan Semiconductor Manufacturing (TSM) are recommended stocks, with a suggested holding period of three to five years to realize potential gains. Both companies are capitalizing on the significant growth in artificial intelligence, with Nvidia's GPUs being crucial for AI models and TSMC producing chips for various competitors. Management forecasts indicate Nvidia's revenue could increase significantly over the next five years, while TSMC anticipates...
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