Taipei: NVIDIA CEO Jensen Huang said the company has enough supply to handle the robust growth in central processing units (CPUs) and graphics processing units (GPUs) riding on the artificial intelligence (AI) boom.
The company’s semiconductors are used in nearly every major data center (DC) around the world and are considered a barometer of the health of the AI market, but it acknowledged that supply constraints remain a concern.
“We’ve secured supply for very strong growth in all of these systems,” Huang said at Nvidia’s press conference during Computex Week in Taipei.
“There is supply for very solid growth, but there are still supply constraints.”
Huang spoke a day after the US$5 trillion chip company unveiled a new chip that brings AI capabilities directly to personal computers.
Nvidia’s new chips, released this fall, will compete with the likes of Advanced Micro Devices, Intel and Apple.
Huang said the RTX Spark PC chips are part of Nvidia’s efforts with Microsoft to “reinvent the PC” for the AI era.
Last week, Nvidia’s CEO, who is from the southern city of Tainan, announced plans to invest about US$150 billion a year in Taiwan, calling it the center of the AI revolution.
At a press conference yesterday, Hwang said Taiwan is a strategic partner for the United States because it invests in American manufacturing.
The company plans to continue investing in Taiwan to make its supply chain as resilient as possible.
“We are now the largest buyer of any company in the Taiwanese ecosystem,” he said.
Demand for Nvidia AI chips (GPUs) has generated tens of billions of dollars in revenue and helped make the company the most valuable company in the world.
Huang said the company’s Vera DC CPUs will become even more popular than GPUs because CPUs play an important role in processing information.
Vera competes with DC chips from AMD and Intel.
“This (Vera CPU) will be a new major growth driver for our company,” Huang said in a presentation Monday outlining Nvidia’s latest AI products. — Reuters
