{"id":58263,"date":"2026-02-05T10:08:25","date_gmt":"2026-02-05T14:08:25","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/nvidia-faces-chip-shortage-delays-new-gaming-gpus-ecb-maintains-steady-stance-bitcoin-gains-edge-over-gold\/58263\/"},"modified":"2026-02-05T10:08:25","modified_gmt":"2026-02-05T14:08:25","slug":"nvidia-faces-chip-shortage-delays-new-gaming-gpus-ecb-maintains-steady-stance-bitcoin-gains-edge-over-gold","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nvidia-faces-chip-shortage-delays-new-gaming-gpus-ecb-maintains-steady-stance-bitcoin-gains-edge-over-gold\/58263\/","title":{"rendered":"Nvidia Faces Chip Shortage, Delays New Gaming GPUs; ECB Maintains Steady Stance; Bitcoin Gains Edge Over Gold"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> is set to delay the release of its new gaming chips and will also slash production of its current <strong>GeForce RTX 50 GPUs<\/strong> due to a significant <strong>memory chip shortage<\/strong>.<\/li>\n<li>The <strong>European Central Bank (ECB)<\/strong>, under President <strong>Christine Lagarde<\/strong>, reaffirmed its commitment to stabilizing inflation at its <strong>2% target<\/strong> and stated it does <em>not target a specific exchange rate<\/em>, while acknowledging the need to <em>keep a close eye on currency movements<\/em>.<\/li>\n<li><strong>JPMorgan<\/strong> has declared <strong>Bitcoin<\/strong> <em>more attractive than <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">gold<\/a><\/em> for the long term, citing an improved appeal despite recent crypto market weakness.<\/li>\n<li>The <strong>U.S. January jobs report<\/strong> has been delayed until next week due to a government shutdown, but preliminary data indicates a rise in <strong>initial jobless claims<\/strong> to <strong>231,000<\/strong>, exceeding estimates.<\/li>\n<li>Pharmaceutical companies <strong>Eli Lilly (<a href=\"\/stock\/LLY\">LLY<\/a>)<\/strong> and <strong>Novo Nordisk (<a href=\"\/stock\/NVO\">NVO<\/a>)<\/strong> experienced stock declines following reports of a <strong>$49 generic weight-loss pill<\/strong> entering the market.<\/li>\n<\/ul>\n<p>Semiconductor giant <strong>Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> is facing significant production challenges, with reports indicating a delay in the release of its new gaming chips and a reduction in the output of its current <strong>GeForce RTX 50 GPUs<\/strong>. This move is attributed to a pervasive <strong>memory chip shortage<\/strong> impacting the industry, signaling potential disruptions for the gaming hardware market throughout 2026.<\/p>\n<p>In the Euro Area, <strong>ECB President Christine Lagarde<\/strong> provided an update on the economic outlook, emphasizing that the central bank&#39;s decision was unanimous and that the <strong>ECB<\/strong> is <em>not pre-committing to a particular rate path<\/em>. Lagarde reiterated that the <strong>ECB<\/strong> <em>does not target an exchange rate<\/em> but will <em>keep a close eye on currency movements<\/em>, noting that a <em>stronger euro could push inflation further below its 2% goal<\/em>. She described the current risk situation as &quot;broadly balanced&quot; but acknowledged the inflation outlook remains &quot;more uncertain than usual.&quot;<\/p>\n<p>Lagarde also highlighted that the <strong>ECB<\/strong> sees &quot;continued moderation in labor costs&quot; and that &quot;most measures of longer-term inflation expectations stand around 2%.&quot; She pointed to a challenging trade environment due to tariffs and the euro&#39;s strength, urging governments to pursue reforms and strengthen the Euro Area in the geopolitical context. The <strong>ECB<\/strong> expects business investment to strengthen, with growth driven by services, manufacturing resilience, and picking up construction momentum.<\/p>\n<p>Meanwhile, <strong>JPMorgan<\/strong> has issued a bullish outlook on <strong>Bitcoin<\/strong>, stating that the cryptocurrency is now <em>more attractive than gold<\/em> for the long term. This shift in sentiment comes despite recent crypto weakness, with <strong>JPMorgan<\/strong> noting that liquidations have been modest and <strong>spot Bitcoin ETFs<\/strong> continue to attract interest.<\/p>\n<p>On the U.S. economic front, the highly anticipated <strong>January jobs report<\/strong> has been delayed to next week due to a government shutdown. However, preliminary data from <strong>Revelio Labs<\/strong> indicated a month-over-month decline of <strong>13,300<\/strong> in <strong>U.S. January Nonfarm Jobs<\/strong>. Separately, <strong>initial jobless claims<\/strong> for the week ending January 31 rose to <strong>231,000<\/strong>, surpassing the estimated <strong>212,000<\/strong> and the previous week&#39;s <strong>209,000<\/strong>. <strong>Continuing jobless claims<\/strong> also increased to <strong>1.844 million<\/strong>, slightly below the <strong>1.850 million<\/strong> estimate but up from the previous <strong>1.827 million<\/strong>.<\/p>\n<p>In corporate news, <strong>Eli Lilly (<a href=\"\/stock\/LLY\">LLY<\/a>)<\/strong> saw its stock decline following a <strong>Reuters report<\/strong> about <strong>Hims &amp; Hers<\/strong> launching a <strong>$49 weight-loss pill<\/strong>. Similarly, <strong>Novo Nordisk (<a href=\"\/stock\/NVO\">NVO<\/a>)<\/strong> shares dropped as much as <strong>7.5%<\/strong> on reports of a <strong>$49 Wegovy copy<\/strong> entering the market, intensifying competition in the lucrative weight-loss drug sector.<\/p>\n<p>In other developments, former President <strong>Donald Trump<\/strong> reiterated his positive relationship with <strong>Venezuela<\/strong>, stating they are &quot;getting along fantastically.&quot; Additionally, <strong>U.S. Senator J.D. Vance<\/strong> is scheduled to meet with <strong>Italian Prime Minister Giorgia Meloni<\/strong> tomorrow in Milan. The yield curve between two-year and 10-year Treasury notes was last reported at a positive <strong>72.4 basis points<\/strong>. Sell-side analysis on <strong>Alphabet (<a href=\"\/stock\/GOOGL\">GOOGL<\/a>)<\/strong> was also circulating post-earnings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Nvidia (NVDA) is set to delay the release of its new gaming chips and will also slash production [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[6334,1684,6761,3702,16849,3733,16850,4037,4223,4555,4945,5267,5807],"class_list":["post-58263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-novo-nordisk","tag-gold","tag-eli-lilly","tag-nvidia","tag-memory-shortage","tag-bitcoin","tag-geforce-rtx-50","tag-ecb","tag-inflation","tag-cryptocurrency","tag-monetary-policy","tag-economy","tag-jobless-claims"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/58263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=58263"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/58263\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=58263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=58263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=58263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}