Expectations were set too high, and the stock price became unstable, $NVIDIA(NVDA.US).

Following Apple's AI report, which intentionally or unintentionally bypassed NVIDIA (though Dolphin Research later suggested there was some confusion), rumors about $NVIDIA(NVDA.US) surfaced again last night. As the company approaches the delivery of its Blackwell platform products (expected to start in Q4 2024), two rumors emerged:

a. The B100 GPU product might be delayed due to capacity constraints in TSMC's more complex Cowos-L packaging technology. In this case, NVIDIA is focusing its capacity on GB200 and integrated solutions like NVL 36/72, which combine GPU and CPU.

b. The entire Blackwell product line might be delayed, partly because large rack-level solutions like NVL face challenges with power supply in cloud computing.

In short, the B-series products, originally expected to be delivered in Q4, might be postponed to late Q1 or early Q2 2025.

This could extend the product cycle of NVIDIA's H-series.

So, in the past few days, this $2.5 trillion market cap giant has seen its stock price fluctuate wildly, behaving like a volatile small-cap company. Clearly, when expectations are too high, even rumors themselves become a risk, regardless of fundamentals.