Nvidia Denies Supply Constraint Rumors for H100 and H200 Chips

Nvidia Addresses Supply Constraint Rumors

• 💡 Nvidia has officially responded to media "chatter" suggesting they are experiencing supply constraints for their H100 and H200 chips.
• 🎯 The company explicitly states these rumors are false, asserting they have more than enough H100 and H200 chips to fulfill all orders without delays.

Chip Availability and Market Impact

• 🚀 Nvidia confirms that their cloud partners can rent these chips, and this availability does not indicate an inability to fulfill orders.
• 🇨🇳 Regarding chips destined for China, such as the H20, Nvidia states their production does not reduce the supply available for H100 chips, allowing them to serve both markets.
• 📈 The company is proactively addressing these rumors to inform the market that supply is not an issue and they are not sold out.

Stock Performance and Market Narratives

• 📉 The recent weak trading of Nvidia's stock is attributed to broader market movements and a general rotation out of chip stocks over the past two weeks, rather than company-specific issues.
• ⚠️ Narratives around the potential capex peak for AI and disappointing numbers from related companies like Dell are weighing on the sector.
• 🗣️ Persistent headlines from China about not purchasing Nvidia chips may also be contributing to the stock's performance.
• ❓ It is noted that companies rarely respond directly to rumors, making Nvidia's proactive refutation noteworthy.