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Nvidia CEO: Unprecedented Chip Demand Outpaces Supply

1 min read
Source: Business Insider
Nvidia CEO: Unprecedented Chip Demand Outpaces Supply
Photo: Business Insider
TL;DR Summary

Nvidia CEO Jensen Huang announced that the demand for the company's new AI chip, Blackwell, is extremely strong, with major tech companies like Amazon, Google, and Tesla among the buyers. Nvidia plans to release new chip generations annually due to high demand. The company reported a 262% surge in first-quarter revenues and announced a 10-for-1 stock split, with shares reaching over $1,000 for the first time.

Topics:business#ai-chips#blackwell#jensen-huang#nvidia#stock-split#technology
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  1. Chips 'demand is just so strong': Nvidia CEO Jensen Huang  Business Insider
  2. 'Demand is just so strong': Nvidia CEO Jensen Huang tells Yahoo Finance supply can't keep up  Yahoo Finance
  3. Jensen Huang is turning Nvidia's chips into the iPhone of the AI world  Business Insider
  4. Nvidia addresses Hopper momentum ahead of Blackwell shipments  MarketWatch
  5. Nvidia's future in scientific computing hinges on a melding of AI and HPC  The Register

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