Nvidia briefly pares losses after Jensen Huang says Vera Rubin chips are in full production

Nvidia briefly erased its daily drop in postmarket trading after CEO Jensen Huang announced that its Vera Rubin chips are in full production.

“If Vera Rubin is going to be in time for this year, it must be in production by now,” he said during his keynote address at the CES conference in Las Vegas. “And so today I can tell you that Vera Rubin is in full production.”

This is the new generation of AI GPUs for Nvidia, the successor to its Blackwell line.

“The power of Vera Rubin is twice as high as Grace Blackwell,” Huang said, adding that it can be cooled by water at a temperature of 45 degrees Celsius, eliminating the need for water chillers at data centers. “We’re basically cooling this supercomputer with hot water, it is so incredibly efficient.”

Most of Huang’s presentation was focused on physical AI, especially autonomous vehicles, but what pays the bills for Nvidia is developing new flagship GPUs and getting them into the hands of hyperscalers and everyone else who wants them.

“Our ecosystem will be ready for a fast Rubin ramp,” CFO Colette Kress said following Nvidia’s Q3 earnings report in November.