NVIDIA NVDA Stock Crash Fears Mount as New RTX6000D Chip Fails to Attract Buyers
NVIDIA's latest flagship GPU—the RTX6000D—hits the market with a thud. Zero orders recorded since launch.
Wall Street analysts scramble as inventory piles up. The chip that was supposed to dominate AI training and high-performance computing now gathers dust in warehouses.
Investors panic—NVDA shares plummet 18% in pre-market trading. The once-unstoppable AI darling now faces its toughest test yet.
Supply chain sources confirm: not a single major datacenter or tech firm placed bulk orders. Even crypto miners—usually desperate for hash rate—are passing on this generation.
Some things never change—finance bros still betting on hardware companies while ignoring the actual decentralized computing revolution happening right under their noses.
Nvidia’s RTX6000D Chip Loses Demand
Nvidia’s RTX6000D chip, which is specifically designed for AI inference tasks, is seen as expensive for what it does. The price in the grey market is as low as 50,000 yuan ($7,000), but it received no enthusiasm from tech firms. Apart from tech firms, the sources said that even Chinese giants Alibaba, Tencent, and ByteDance are sitting on the sidelines.
The only icing on the CAKE is that Nvidia gained permission from the US to sell B30A chip in China. The B30A chip is much more powerful than the H20 chip, which the tech giant is hopeful could sell well in the country. The shipments had to be rolled out in July, but were called off due to regulatory clarity. The RTX6000D chip feels like a downgrade from the other powerful chips, said the source.
An Nvidia spokesperson said in a statement regarding the chip issue that theTo make things worse, the Chinese government is also not friendly to Nvidia, claiming that it violated the anti-monopoly law.