A report from analyst firm SemiAnalysis says Nvidia's next-generation AI server rack has been delayed by more than a year. Suppliers across Japan, Taiwan, South Korea, and Hong Kong saw their stock prices drop sharply in response.
Asian tech stocks slid after analyst firm SemiAnalysis reported on X that Nvidia's next AI server rack system, Kyber NVL144, has been pushed back more than twelve months to 2028 because of manufacturing problems.
The issue, according to SemiAnalysis, is the circuit boards. Specifically, the PCB midplane, a central board that connects all the individual components, has proven extremely difficult to produce without defects. Nvidia CEO Jensen Huang had shown off Kyber NVL144 just three months earlier at the company's GTC conference.
The report hit an already jittery investor base. After years of AI-fueled gains, even small setbacks trigger sharp sell-offs. Japanese PCB maker Ibiden, which counts Nvidia as its largest customer, dropped as much as ten percent. Kingboard Laminates fell 18 percent in Hong Kong, Elite Material lost ten percent in Taiwan, and Samsung Electro-Mechanics slid eleven percent in South Korea. The sell-off follows massive run-ups. Samsung Electro-Mechanics had gained more than 600 percent this year, and Kingboard Laminates more than 470 percent.
