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Did Nvidia Scrap a Massive Artificial Intelligence (AI) Project?

Nvidia is reportedly halting the development of GB200 dual-rack systems.

By Jose Najarro – Oct 2, 2024 at 9:30AM EST

In today's video, I discuss recent updates affecting Nvidia (NVDA +1.68%) and a few semiconductor stocks to keep a closer eye on. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the after-market prices of Oct. 1, 2024. The video was published on Oct. 1, 2024.

Read Next

About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
TMFJoseNajarro
X@_JoseNajarro

Jose Najarro has positions in Be Semiconductor Industries, Camtek, Nova, and Nvidia. The Motley Fool has positions in and recommends ASML, Lam Research, and Nvidia. The Motley Fool recommends Be Semiconductor Industries. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$183.08
(+1.68%)+$3.03
Lam Research Stock Quote
Lam Research
NASDAQ: LRCX
$222.99
(+2.76%)+$5.98
Kulicke And Soffa Industries Stock Quote
Kulicke And Soffa Industries
NASDAQ: KLIC
$67.77
(+2.34%)+$1.55
Nova Stock Quote
Nova
NASDAQ: NVMI
$440.88
(+3.67%)+$15.63
Camtek Stock Quote
Camtek
NASDAQ: CAMT
$166.20
(+2.21%)+$3.59
Onto Innovation Stock Quote
Onto Innovation
NYSE: ONTO
$208.85
(+0.65%)+$1.35
Be Semiconductor Industries Stock Quote
Be Semiconductor Industries
OTC: BESIY
$225.00
(+5.42%)+$11.56
Asml Stock Quote
Asml
ENXTAM: ASML
$1,206.60
(+0.57%)+$6.80

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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