Nvidia CEO Jensen Huang Calls Blackwell Chip Demand Very High

JAKARTA Nvidia CEO Jensen Huang said on Saturday 8 November that the company's demand for the company's latest generation chip, Blackwell, is "very strong" as wafer needs from Taiwan Semiconductor Manufacturing Co (TSMC) increase.

Nvidia builds GPUs (graphics processing units), but we also make CPUs (central processing units), networks, and switches. So there are a lot of chips associated with Blackwell," Huang told reporters at TSMC's annual event in Hsinchu, Taiwan.

TSMC CEO, CC Wei, confirmed that Huang had asked for additional wafer supplies, but declined to mention the amount. TSMC did an outstanding job in supporting us, Huang said, who has recorded four times visiting Taiwan this year. He also emphasized that Nvidia's success was unlikely to be achieved without the role of TSMC.

Nvidia has just made history in October 2025 by becoming the world's first company to penetrate a market valuation of 5 trillion US dollars. In response to this, Wei referred to Huang as a five trillion dollar boy.

Regarding the potential memory supply shortage, Huang acknowledged that Nvidia's business is growing so rapidly that a shortage of raw materials in various lines may occur. We have three excellent memory manufacturers SK Hynix, Samsung, and Micron all of which have increased their capacity on a large scale to support us," he explained.

Huang also added that Nvidia had received the most sophisticated chip samples from the three memory manufacturers. But when asked about the potential increase in memory prices, he left the decision to each company. That's their business affair," he said.

Earlier, SK Hynix announced that their entire chip production for next year has been sold out and plans to increase massive investments, as it predicts the chip's super' cycle will continue thanks to a surge in demand from the AI sector.

Meanwhile, Samsung Electronics said it was in intensive talks to supply the next generation high-speed memory chip, HBM4, to Nvidia.

In a separate statement on Friday, Huang also confirmed that there was no active talk about selling Blackwell chips to China. The US administration under Donald Trump previously banned the sale of the state-of-the-art chips to China on the grounds that it could strengthen the country's military and AI industry capabilities.

The story of Nvidia continues to be in the spotlight because of its central role in the explosion of global artificial intelligence technology, making Jensen Huang a key figure in the midst of the world's major shift towards an AI-based economy.