Huang Jensen Denies Delay Rumors, Nvidia Stock Falls 3%
Taylor Wilson
Nvidia fell 3% Thursday to $206.69, pushing its market cap below $5 trillion — even after CEO Jensen Huang personally denied reports that next-gen AI server Vera Rubin has been delayed. The market is voting with its feet: doubts over the mass-production timeline haven't gone away.
Where did the delay rumor come from?
Research firm SemiAnalysis published a report this month saying Nvidia's next-gen AI server rack system has been delayed.
The bottleneck: manufacturing difficulties with a specialized circuit board that connects the electronic modules inside the rack.
In plain terms = the key board that wires all the chip modules together is stuck in production.
How did Jensen Huang respond?
Huang said publicly on Wednesday: "These reports are not true. Vera Rubin is in production, and volume production is coming."
He stressed the next-gen AI accelerator system is already in production and will be delivered to customers on schedule.
This means → Nvidia has escalated the denial to the highest level: the CEO himself is on the record, leaving little room for ambiguity.
Why isn't the market buying it?
After Huang's statement, Nvidia's decline widened rather than narrowed, closing down 3% at $206.69.
Market cap fell below the $5 trillion mark.
This reflects lingering doubt over the production timeline — a CEO denial is one thing; actual on-time mass shipment is another.
What to watch next?
Whether Vera Rubin can ship at scale on schedule is the test that will prove or disprove this denial.
In plain terms = words alone won't settle this; only product arriving at customers on time will move the stock back.
Content is for reference only, not financial advice.