Nvidia chief executive Jensen Huang told CNBC that a surplus of memory supply is unlikely to materialise by 2029, even as memory stocks have taken a beating in the past week.
Huang said the company does not see a “memory glut” looming in the next decade, a comment that comes after a sharp decline in the price of memory chips that has rattled the semiconductor market.
Memory supply is a key component of Nvidia’s graphics processing units, and the CEO’s remarks suggest the firm remains confident in its ability to manage inventory levels and meet demand for its high‑performance products.
While the statement was brief, it reflects the broader uncertainty in the semiconductor supply chain, where price swings can quickly alter the balance between supply and demand.
For now, Nvidia’s leadership indicates that the company will continue to adapt its strategy to the evolving market, rather than waiting for a potential oversupply of memory to emerge.
<small>Source: CNBC — read the original story there.</small>