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nvidia chips are so popular that jen-hsun huang revealed that the demand for blackwell is "too crazy"

2024-10-04

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financial news agency, october 4 (editor zhao hao)nvidia ceo jen-hsun huang recently stated that the demand for the company’s next-generation artificial intelligence chip blackwell is “insane.”

on wednesday (october 2) local time, huang renxun said in an interview with the media: "everyone wants to have the most products, and everyone wants to be the first to receive the goods."

it is worth mentioning that huang renxun also announced three weeks ago

affected by this news, nvidia once rose to us$124.36 per share in early trading, with an increase of up to 4.6%. it has now narrowed to around 3%, and the latest price was us$122.37 per share.

according to nvidia's official website, the blackwell architecture gpu has 208 billion transistors and is manufactured using a specially customized tsmc 4np process. it uses die chips with double the photolithography limit size and is connected into a unified gpu through 10tb/s inter-chip interconnection technology.

in march of this year, huang renxun mentioned that the price of blackwell was between us$30,000 and us$40,000. butnvidiagpus will not be sold separately, but network equipment, software services, etc. will be sold as a package.

in order to power software products such as chatgpt and copilot, technology companies such as openai, microsoft, and meta are establishing artificial intelligence (ai) data centers, which makes their demand for nvidia gpu products very hot.

"at a time when technology is developing so rapidly, this gives us an opportunity to redouble our efforts and really drive the innovation cycle to increase production capacity, increase output, reduce costs and reduce energy consumption," huang said.

"we are moving in that direction and everything is going in order."jen-hsun huangnvidia plans to update its ai platform every year to improve performance by two to three times, it said.

as the main beneficiary of the ai ​​boom, nvidia's stock price has risen nearly 150% since the beginning of the year. in the second fiscal quarter, the company achieved revenue of us$30.040 billion, a year-on-year increase of 122%, and net profit of us$16.599 billion, a year-on-year increase of 168%.

on the day of the performance report, nvidia chief financial officer colette kress said that the company expects blackwell's revenue to reach billions of dollars in the fourth fiscal quarter.

(zhao hao, financial associated press)