“We have planned our supply chain incredibly well,” Huang said. “We have a bunch of Blackwells to sell.”
The comments maintained the bullish tone struck during Nvidia’s report earlier on Wednesday. The company rebutted concerns that the rabid pace of artificial intelligence spending is creating a bubble. Beyond delivering a stronger-than-expected quarterly forecast, Nvidia said it would likely exceed a longer-term projection of US$500 billion ($653.8 billion) for sales of new chips and systems.
Huang also said Nvidia is getting an increasing portion of data centre spending because its products are adding more capabilities. The forthcoming Vera Rubin generation will deliver about US$35 billion of revenue for Nvidia out of the roughly US$55 billion spent on each gigawatt of computing power, Huang said.
The Chinese market remains a weak spot due to US export restrictions. The company’s forecast for data centre chip sales in the country remains zero, Huang said.
See also: Nvidia-led boom set to turn chips into trillion-dollar industry
The CEO said he’s working with the governments in Washington and Beijing to try to persuade officials to allow Nvidia back into that giant market. “Until then, we should assume zero,” he said.
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