Shares Dip 1.6% While Blackwell Ultra Shows 50× Throughput, 35× Cost Cut
Shares of Nvidia slipped 1.6% on February 17 as broader AI-driven selling pushed the Nasdaq down nearly 1%, with the S&P 500 and Dow also in negative territory. Independent testing showed the new Blackwell Ultra chip delivering 50× throughput at 35× lower cost versus its predecessor, ahead of Nvidia’s upcoming earnings.
1. Market Reaction and Stock Movement
On February 17, technology stocks retreated as investors weighed potential AI disruption across industries. Nvidia shares fell 1.6%, underperforming the Nasdaq Composite’s near 1% decline, while the S&P 500 and Dow Jones Industrial Average dropped 0.8% and 0.4%, respectively.
2. Blackwell Ultra Performance Data
Independent performance results for Nvidia’s Blackwell Ultra platform showed a 50× boost in throughput and a 35× reduction in cost compared to the previous generation. This strong technical readout comes just days before Nvidia’s earnings report, with the stock dipping below a key technical support level on the news.