Nvidia’s (NVDA) latest artificial intelligence chip is now in full-scale production, with CEO Jensen Huang stating that the demand is “incredible.”
“Everyone is eager to have the most and wants to be the first,” Huang remarked about the much-anticipated AI platform, Blackwell, during a recent interview on CNBC.
On Thursday, Nvidia’s shares saw an increase of nearly 3% during midday trading. The company’s stock has surged over 152% year-to-date.
When the company released its second-quarter earnings in August, Huang revealed that Blackwell samples had been shipped to customers and that production would ramp up in the fourth quarter into fiscal year 2026.
Nvidia has altered Blackwell’s GPU mask to “enhance production yield,” the chipmaker stated. However, Huang noted that “no functional changes were deemed necessary” during a call with analysts.
In early August, Nvidia’s shares dipped following a report indicating that Blackwell was delayed due to design issues, potentially postponing deliveries by at least three months. Still, during its earnings call, Nvidia expressed optimism about “shipping billions of dollars in Blackwell revenue” in the fourth quarter. The firm also mentioned that demand for its Hopper chips remains robust, with expectations for increased shipments in the latter half of the fiscal year.
Huang mentioned that Blackwell’s demand, which he previously stated “far exceeds supply,” was creating emotional and tense situations among customers, during an event at Goldman Sachs’s (GS) technology conference in September.
“As technology evolves rapidly, it creates an opportunity for us to intensify our focus and drive the innovation cycle to enhance capabilities, boost throughput, lower costs, and reduce energy consumption,” Huang stated during his CNBC interview (CMCSA). “We’re on track to achieve that, and everything is proceeding as planned.”
For the latest updates, follow us on Facebook, Twitter, and Instagram.