'Demand is just so strong': Nvidia CEO Jensen Huang tells Yahoo Finance supply can't keep up
Can Nvidia Meet Soaring AI Chip Demand?
Nvidia CEO Jensen Huang, in a Yahoo Finance interview, highlighted a significant supply challenge despite robust demand for their AI chips. As Nvidia transitions from the Hopper AI platform to the more advanced Blackwell system, demand for both continues to outpace supply. The company's Q1 results exceeded expectations with substantial increases in earnings and revenue, and they anticipate even higher revenue in the next quarter. Despite potential competition from major cloud providers, Huang remains confident in Nvidia's strong position in both AI training and inferencing markets.
What specific challenges is Nvidia facing with supply despite high demand, according to CEO Jensen Huang?
According to Nvidia CEO Jensen Huang, the company is facing challenges in meeting the high demand for its AI chips due to supply constraints. The complexity of these chips, including the Hopper AI platform and the more advanced Blackwell system, makes it difficult for the company to keep pace with the demand. Huang stated that "every component, every part of our data center, is the most complex computer the world's ever made," and as a result, "almost everything is constrained." The demand for both platforms is expected to outstrip supply well into the next year.
Can you detail the specifics of the 10-to-1 stock split announced by Nvidia and its effective dates?
Nvidia announced a 10-to-1 stock split, in which shareholders will receive 10 shares for every one share of the company they currently own. The stock split will go into effect on June 10 for shareholders as of June 7.