Nvidia Rebounds Near $200 on Micron’s Record Earnings, Vera Rubin Production
NVDA•Nvidia shares rebounded near the $200 level after Micron’s record earnings reignited AI semiconductor demand and investor confidence. CEO Jensen Huang confirmed full production of next-gen Vera Rubin GPUs, while competition, memory-margin pressure, China export curbs and AI capex sustainability raise caution.
1. Stock Rebound and Market Reaction
Nvidia shares climbed back toward the $200 threshold following Micron’s surprise record earnings, signaling renewed investor confidence in the AI semiconductor sector. The bounce reflects optimism that robust memory demand will underpin Nvidia’s GPU sales.
2. CEO Confirms Full-Scale Vera Rubin Production
Jensen Huang announced that the next-generation Vera Rubin GPU architecture is now in full production, marking a key milestone ahead of major data-center deployments. This rollout is aimed at sustaining Nvidia’s leadership in high-performance AI inference workloads.
3. Amplified Competition and Margin Pressure
Despite the positive momentum, Nvidia faces intensifying competition from AMD and emerging rivals, which could erode market share. Memory suppliers’ rising costs are squeezing GPU profit margins, as memory makers prioritize long-term AI data-center contracts.
4. Geopolitical and Capex Sustainability Risks
Ongoing export controls from China pose a risk to Nvidia’s access in a crucial market, while questions linger over whether AI capital spending can maintain its rapid pace. Investors remain wary of potential slowdowns in data-center build-out and broader tech spending.
