Nvidia CEO Jensen Huang said reports that the Vera Rubin platform faces delays are not true, telling reporters the chips are already in production. His comments answer a SemiAnalysis report from earlier this month, which said Nvidia’s Kyber NVL144 rack had been pushed out more than 12 months to 2028.
Speaking to reporters at a developer event, Huang said the delay reports are not true: “Vera Rubin is already in production. Giant amounts of production incoming.”
That confirmation is not new information, however — Nvidia confirmed Vera Rubin production back in January. Huang addressed chip production, but the SemiAnalysis report concerned the Kyber rack. He gave no production timeline, and neither did Nvidia in its earlier brief statement that its roadmap is intact.
What SemiAnalysis reported
Earlier this month the semiconductor research firm said Nvidia was facing major setbacks with its Kyber NVL144 rack-scale solution. The server cabinet, designed to house Nvidia’s Rubin Ultra architecture, had been delayed over 12 months to 2028, according to SemiAnalysis.
Why the roadmap matters to Nvidia’s earnings
Vera Rubin is a crucial part of the chipmaker’s forward earnings projections and valuation. Nvidia has grown revenue for 14 consecutive quarters. Most recently it was up 85% year over year to a record $81.6 billion in its Q1 fiscal year 2027, which ended April 26, 2026.
That growth stems from its status as the leading GPU company and its practice of updating its AI chips every year. But any major delay that knocks the chipmaker off that update cadence could negatively impact its earnings. Huang earlier this year gave a sales forecast of $1 trillion combined for Blackwell and Vera Rubin through 2027, so there is little room for setbacks. A slowdown would also give other chipmakers, such as Advanced Micro Devices, room to potentially cut into Nvidia’s market share.
Where the stock stands before Aug. 26
Nvidia shares trade at $206.84, down 0.92%, inside a day’s range of $204.81 to $211.91 and a 52-week range of $164.07 to $236.54. Its market cap stands at $5.0 trillion.
Even though it reported the delays, SemiAnalysis is still bullish on Nvidia and forecasts that its data center revenue will exceed analyst estimates by 20% in the second half of its fiscal 2027. Nvidia’s next earnings call is scheduled for Aug. 26.
Source: The Motley Fool
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