On August 6, NVIDIA (NVDA) shares rebounded by 3.8%, closing at $104.25. This followed a sharp drop in the stock price the previous day due to rumors of delays with the Blackwell AI chips and concerns about an economic recession. As of the report's publication, NVIDIA's stock price has risen by 103% this year, surpassing the S&P 500 Index and the Nasdaq Index.

The company stated that the Blackwell chips have begun sampling, and production is on schedule, with acceleration expected in the second half of the year. They did not comment on the rumors.

Despite the plethora of reports about potential production issues with NVIDIA chips, analysts remain optimistic about NVIDIA's prospects. It is widely believed that short-term delays might cause volatility but will not affect NVIDIA's long-term competitiveness.

Oppenheimer analysts stated that NVIDIA’s competitive position is solid and will not lose market share due to minor delays. Goldman Sachs analysts expect the delay to have minimal impact on earnings in 2025, with long-term competitiveness remaining strong. Citi analysts also maintain a “Buy” rating. Bank of America analysts believe that supply constraints can be resolved and view any sell-off as a “buying opportunity.”

Oppenheimer analysts reiterated their “Outperform” rating on NVIDIA stock, with a target price of $150. New Street analysts upgraded their rating from “Neutral” to “Buy,” setting a target price of $120. Susquehanna analysts, however, downplay the subsequent reports, noting that production levels remain stable.