Nvidia Corp (NASDAQ: NVDA) stock is trading higher Tuesday as reports of a supply chain crisis affecting the demand-supply dynamics of the artificial intelligence-driven frenzy.
The depreciating yen is causing a surge in the prices of Nvidia's semiconductor devices in Japan, impacting generative AI developers.
GDEP Advance, an official Nvidia sales partner, increased the price of the H100 graphics processing unit by 16% in September, attributing the hike to the yen's decline.
The GPU, essential for artificial intelligence services, now costs 5.44 million yen ($36,300), marking a 700,000 yen increase, Nikkei Asia reports.
Despite the price hike, the demand remains strong as ...