Nvidia Affirms Roadmap After Kyber Denials, Yet NVDA Trades Cheap at $197

Nvidia denied July 5-6 reports that its Kyber NVL144 rack would slip to 2028 due to 78-layer PCB manufacturing issues, stating its roadmap remains intact. Shares closed at $197.01 on July 6 after rising over 1%, though the stock underperformed peers. By July 9 attention has shifted to why NVDA remains depressed despite reaffirmed timelines and strong Q1 data-center revenue of $75.2 billion, with analysts noting upcoming Rubin shipments this fall and persistent questions around long-term AI infrastructure execution.