Aubs73

NVDA Continuing the decline

Short
NASDAQ:NVDA   NVIDIA
Unfortunately for NVIDIA it hasn't been a great 30 days with stock prices continuing to fall.

Issues with the release of the new card continue to be delayed or non existent. It has been a while since the last rumored launch date for RTX 3090 Ti has been shared. This model is NVIDIA’s upcoming enthusiast SKU featuring the full GA102 GPU silicon combined with faster 24 GB and 21 Gbps GDDR6X memory. It is reported that NVIDIA has now set a launch date for this model to March 29th, after failing to deliver updates for exactly 2 months now.

This doesn't bring confidence to its uptake. Speculation is that the issue required a complete replacement of the memory in order to fix this issue.

I expect the downward trend will continue as consumer confidence drops.

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