Nvidia Stock Rebounds as Analysts Highlight AI Leadership, Despite Reported Chip Delay

Nvidia (NVDA) shares rebounded successful early trading Tuesday, aft reports its Blackwell artificial intelligence (AI) chip will beryllium delayed sent nan banal tumbling much than 6% Monday amid a global banal marketplace rout.

An Nvidia spokesperson told Investopedia that "Blackwell sampling has started, and accumulation is connected way to ramp" successful nan 2nd half of nan year, adding, "beyond that, we don't remark connected rumors.”

Bullish Analysts Highlight Nvidia's AI Leadership

Analysts suggested that while a hold could lead to near-term volatility for Nvidia, they remained bullish connected nan chipmaker's semipermanent prospects, highlighting its AI strength.

Nvidia’s "competitive position remains sound, and we don’t expect immoderate stock nonaccomplishment from a insignificant delay," Oppenheimer analysts said, adding that they spot Nvidia arsenic "best positioned successful AI, benefiting from afloat stack AI hardware/software solutions."

A hold "could thrust immoderate volatility successful Nvidia’s near-term," Goldman Sachs analysts said, though they "expect location to beryllium small to nary effect connected CY2025 net and, astir importantly, nan company’s semipermanent competitory position."

Citi analysts, who had removed Nvidia from their "upside catalyst watch" complete nan play pursuing reports of nan delay, still maintained a "buy" standing for nan stock.

Calling Nvidia's imaginable proviso constraints a "solvable" issue, Bank of America analysts suggested they would position immoderate sell-off arsenic an "enhanced buying opportunity."

Shares of Nvidia were up 5% astatine $105.48 arsenic of 10:45 a.m. ET Tuesday. Despite caller losses, they've much than doubled successful worth since nan commencement of nan year.