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Why Oracle Stock Just Dropped [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
According to technology-focused equity research house Bluefin Research, Oracle has just canceled an order for 300 to 400 Super Micro GB300 NVL72 server racks loaded with Nvidia (NASDAQ: NVDA) chips. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. What this means for Super Micro Bluefin estimates the cost of each rack at $3.5 million, so a loss of 300 to 400 racks could cost Super Micro anywhere from $1.05 billion to $1.4 billion in lost sales. It's not a total loss for Super Micro, however, because Bluefin says the company shipped somewhere between 100 and 200 racks before Oracle canceled its order. That said, Bluefin argues Super Micro is also losing sales to xAI ahead of the SpaceX IPO . (And SpaceX now owns xAI.) So things are not going well for Super Micro. What does this
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