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NVIDIA Corporation

Company Name NVIDIA Corporation
Stock Symbol NVDA
Status 1

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Background

On August 2, 2024, The Information reported that Nvidia’s “upcoming [Blackwell B200] artificial intelligence chips will be delayed by three months or more due to design flaws” discovered “unusually late in the production process.”

On this news, Nvidia’s stock price fell $6.82, or 6.4%, to close at $100.45 per share on August 5, 2024, thereby injuring investors.

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