Nvidia is currently facing challenges with its latest AI chips, leading to a reduction in orders from major clients like Microsoft, Amazon, Google, and Meta. The issues, primarily related to overheating and chip connectivity, have caused these clients to delay their purchases of Nvidia's Blackwell GB200 racks. Instead, they are either waiting for upgraded versions or considering older AI chips. This development has raised concerns about Nvidia's future revenue streams, contributing to a decline in its stock price as investors react to the potential financial impact of these delays.
The ETF Opportunities Trust T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) saw a price increase, closing at $3.29, up 3.79% from its previous close of $3.17, as of 5:00 PM on Monday, January 13.