Nvidia Server Delay Report Sends Asian Tech Stocks Sliding

Asian technology stocks slumped after a report that Nvidia Corp's next-generation AI server rack system has been delayed by more than a year due to manufacturing difficulties. Research firm SemiAnalysis said in an X post that Nvidia's Kyber NVL144 hit setbacks in the construction of printed circuit boards for the platform. Japan's Ibiden Co, a PCB maker that counts Nvidia as its largest client, dropped as much as 10 percent. Other Asian PCB makers also fell. The declines showed investors are wary of any potential negative developments after big runups in AI-related stocks. A delay to the system does not imply weak capital expenditure but means the next-gen AI system architecture would take longer, an analyst said.