Nintendo Switch 2 Production Cut as Holiday Sales Miss Targets 
Micron Technology Beats Q2 Earnings Estimates, Issues Strong AI-Driven Outlook 
Malaysia Semiconductor Industry Eyes Helium Supply Risks Amid Middle East Conflict 
Apple Defies China's Smartphone Slump with Strong Early 2026 Sales 
Alibaba Bets on AI Agents to Unify Its Vast Digital Ecosystem 
Explosion and Fire Erupt at Valero Oil Refinery in Port Arthur, Texas 
Trump White House Unveils National AI Policy Framework for Congress 
Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round 
CK Hutchison's Panama Ports Dispute Escalates as Arbitration Claims Surpass $2 Billion 
OpenAI Pulls the Plug on Sora, Ending $1 Billion Disney Partnership 
Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push 
Elliott Investment Management Takes Multibillion-Dollar Stake in Synopsys 
Elon Musk Confirms SpaceX, xAI, and Tesla Will Continue Large-Scale Nvidia Chip Orders 
Super Micro Computer Shares Plunge After Co-Founder Charged in AI Chip Smuggling Case 
Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling 
AWS Bahrain Region Disrupted by Drone Activity Amid Middle East Conflict 
SLMG Beverages Eyes Price Hikes Amid Rising Packaging Costs and India's Booming Soft Drink Market 
Morgan Stanley expects NVIDIA to ship 450,000 Blackwell chips in Q4 2024, generating around $10 billion in revenue. Despite minor technical challenges, the production ramp-up is set to drive significant growth, as demand for NVIDIA's H200 chips also remains strong.
NVIDIA's Blackwell Chips Expected to Boost Revenue, Production Ramp-Up Set for Late 2024
In the past few weeks, Wall Street has rapidly shifted its attention from concerns regarding NVIDIA's peaking margins to the excitedly incorporating the Blackwell production ramp-up into its bullish outlook. The GPU manufacturer's most recent flagship product is expected to generate a substantial increase in revenue, as the market currently anticipated.
To provide context, allegations of a design flaw in NVIDIA's Blackwell architecture had dominated discussions throughout the summer, with analysts predicting that resolving the issue would postpone the Blackwell production ramp-up until 2025. Nevertheless, NVIDIA acknowledged the existence of a minor design defect in its June-ending quarterly earnings announcement.
The company reassured investors that the flaw had been resolved by making minor adjustments to the photomask, a critical template used to create patterns on semiconductor wafers. It is crucial to note that the organization anticipated the commencement of Blackwell product shipments in the December-ending quarter, in addition to the expansion of its Hopper chip shipments.
Morgan Stanley Predicts $10 Billion Revenue from 450,000 Blackwell Chips in Q4 2024 for NVIDIA
According to Wccftech, Wall Street is surpassing NVIDIA's cautious guidance. Morgan Stanley recently disclosed that it anticipates that NVIDIA will manufacture 450,000 Blackwell processors in the December-ending quarter, which is expected to generate an estimated $10 billion in revenue from this architecture alone.
"Blackwell chips are expected to see 450,000 units produced in the fourth quarter of 2024, translating into a potential revenue opportunity exceeding $10 billion for NVIDIA."
Morgan Stanley acknowledges that NVIDIA is still addressing a few "technical challenges" with its GB200 server racks; however, it refers to these as part of the "normal debugging process for new product launches." Moreover, Morgan Stanley remains optimistic about the ongoing robust demand for NVIDIA's H200 chips, propelled by expanding the capacity of smaller cloud service providers and sovereign AI projects.
