Jensen Huang from Nvidia reveals release date for new high-end AI chip

Jensen Huang from Nvidia reveals release date for new high-end AI chip

Nvidia CEO Jensen Huang announced in a recent earnings call that the company is accelerating the deployment of its newest AI chip, Blackwell, which is said to be twice as fast as the current version and offers five times the AI performance. Huang had previously introduced the Blackwell chip in March and mentioned that production has been in progress for some time. The production shipments of Blackwell are expected to start in the second quarter, with an increase in the third quarter, and data centers should be operational by the fourth quarter.

Nvidia reported a 262% increase in year-over-year revenue in its first-quarter earnings results, leading to a surge in its stock price to all-time highs. Huang expressed optimism about the growth potential of the company, especially with the introduction of the Blackwell platform. However, demand for Nvidia’s current hardware, particularly the Hopper, remains strong as the transition to Blackwell takes place. The Blackwell systems have been designed to be compatible with Hopper systems for a smooth transition between the two.

The upcoming Blackwell chip is expected to cost between $30,000 and $40,000 per unit, offering advanced capabilities for AI computing. While Nvidia is experiencing success and growth, it faces competition from other companies developing rival chips to challenge its position in the market. Despite potential challenges, Huang remains confident in the potential of Blackwell to drive revenue growth for the company.

Overall, Nvidia is on track to introduce its latest AI chip, Blackwell, which promises significant improvements in speed and performance compared to its current offering. The company’s strong financial performance and optimistic outlook for the future, especially with the launch of Blackwell, indicate a positive trajectory for Nvidia’s business. However, competition and supply chain constraints pose potential challenges that the company will need to navigate as it continues to innovate and grow in the rapidly evolving technology industry.

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