Nvidia has been Unstoppable for months but it stock has taken a beating this week for reasons that show just how little Wall Street understands about chip making Nvidia boss Jensen hang just confirmed rumors that his company’s new Blackwell AI chip had hit some production snacks and has been delayed we’re going to have lots and lots of supply and uh we will be able to ramp uh starting in Q4 21 in syndicon Valley the takeaway here would be simple Hardware is hard these temporary blips happen especially Nvidia has pledged to update its Flagship chips every single year but on Wall Street the reaction was sell Traders push shares down as much as 8.4% after hours and it didn’t improve the next day either as someone who watches Nvidia closely I think Traders are overreacting just look at nvidia’s overall margins they’re still enormous and its year on-ear Revenue has grown 121% Nvidia is still beating estimates it’s just beating them by slightly less than it was before even now Shares are up more than 20% in 3 months after a brief moment of panic at the beginning of August and the company’s extraordinary profit margins have risen every quarter since the launch of chat gbt what else does Wall Street expect it’s all a bit silly to me like I said Hardware is hard but when it comes to AI Hardware Nvidia is still the best hang has Blackwell audence coming out of his ears and there’s still long waiting lists for its current AI chips if nvidia’s investors want something to actually worry about there’s of course the distinct possibility that AI is overhyped but that’s not a problem for today or even for next year it would likely take billions more dollars spent on Nvidia chips before we find out until then investors should try not to overreact to the inevitable bumps in the road