Nvidia CEO Jensen Huang Dismisses Potential 2029 Memory Glut Concerns
Nvidia CEO Jensen Huang addressed recent market volatility regarding memory oversupply, stating he sees no sign of a memory glut by 2029. Speaking at the GTC Berlin conference, Huang emphasized that high-bandwidth memory (HBM) and LPDDR technologies will remain in high demand for data centers to drive energy efficiency and performance. The comments come as memory stocks faced a sell-off following reports suggesting an AI supercycle slowdown and a potential 'flood of new supply' by 2029. Huang also touched upon the geopolitical landscape, noting that U.S. export regulations have inadvertently accelerated China's domestic semiconductor manufacturing capabilities and nationalization efforts.
Topics: AI Demand HBM Memory Supply Semiconductors
Part of the story Nvidia CEO Jensen Huang Dismisses Potential 2029 Memory Glut Concerns (2 articles)