Nvidia rebounds to near $200 as Vera Rubin GPUs hit full production
NVDA•Nvidia shares rebounded to near $200 after Micron’s record earnings beat revived AI semiconductor demand. CEO Jensen Huang confirmed next-gen Vera Rubin GPUs are in full production but warned of rising competition, memory-supplier margin pressure and China export controls that could challenge AI capex growth.
1. Price Rebound and AI Demand
Nvidia shares climbed back to approximately $200 following a strong earnings performance at Micron, which underscored persistent demand for semiconductor components powering AI infrastructure. This rebound reflects renewed investor confidence in the broader AI hardware cycle as hyperscale data centers expand capacity.
2. New Vera Rubin GPUs Enter Production
CEO Jensen Huang announced that the next-generation Vera Rubin GPU architecture is now in full-scale production, marking a shift toward higher-margin AI processors. He noted that the company has entered a new profitability era driven by accelerating adoption of its advanced accelerators across cloud and enterprise clients.
3. Headwinds from Competition and Regulation
Despite the bullish momentum, Nvidia faces intensifying competition from rival chipmakers and margin pressure stemming from rising memory costs. Additional challenges include tightening export controls on AI hardware bound for China and uncertainty over whether AI capital expenditures will sustain current growth trajectories.
