Nvidia's Kyber NVL144, its next AI server system, has been delayed more than a year to 2028 due to circuit board manufacturing problems, according to SemiAnalysis. The delay has triggered sharp stock losses among Asian suppliers, including Japanese PCB maker Ibiden, which dropped as much as ten percent. Kingboard Laminates fell 18 percent in Hong Kong, and Samsung Electro-Mechanics slid eleven percent in South Korea. The report hit an already jittery investor base, as Asian tech stocks slid following the news.
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 delay has also led to the scrapping of planned designs, including the NVL72x2 rack and the more powerful Rubin Ultra chip. A key interconnect technology called CPO-NVSwitch, which links many chips into a single large system, won't arrive until the generation after next, called Feynman. That means Nvidia lacks a proven way to scale Rubin Ultra to very large systems for now. The gap could give competitors like AMD's MI500X or Google's TPUv8i Broadfly room to move in.
Source: thedecoder
