I would like to note Bloomberg pulls these types of FUD before every NVDA earnings release. The last one they did was the false reports on Blackwell technical issues.
Completely agree with you re: Bloomberg's somewhat shady history of reporting. However, in this case, the article is citing a research note written by TD Cowen equity research analysts.
This is the insistence to spread FUD for … some uncertain aim.
Perhaps it hitting all these various firms, in order to leverage their strong reputation, to cause the price to drop, allowing someone - perhaps Bloomberg himself, to make a profit off of it.
No no, I know I sound like a conspiracy theorist now. But my eyes were opened by the sharing of the story.
The fact that FT, WSJ, Fox or a million other sites haven’t latched onto this obvious scheme, is heinous, and once again a sign of our completely captured media.
When you double down on the incorrect reporting instead of retracting or correcting it, as Bloomberg did with their ludicrous spy chip story, it becomes FUD regardless of your initial intent.
They have been doing it for years
"Bloomberg fined €5m over report of fake news release" - https://www.ft.com/content/32013b6a-202f-11ea-b8a1-584213ee7...
"Supermicro Statement on Bloomberg’s Claims" - https://www.supermicro.com/en/pressreleases/supermicro-state...
After Bloomberg reported a subpoena was sent to Nvidia and other unnamed technology companies...
"Nvidia Denies It Was Subpoenaed In Justice Department Antitrust Probe" - https://www.forbes.com/sites/antoniopequenoiv/2024/09/04/nvi...