Nvidia's latest Blackwell GPUs are sold out, with a 12-month backlog reported by CEO Jensen Huang during an investors meeting.
Major tech companies, including AWS, Google, and Microsoft, have purchased all available units for the next year, indicating strong growth in Nvidia's AI processor market share.
Nvidia's Blackwell platform includes the B200 GPU and GB200 Grace 'super chip,' designed for high-demand AI workloads while minimizing energy consumption.
Despite initial production challenges, Nvidia aims to ramp up production in Q4 2024, expecting to ship billions in Blackwell GPU sales this year.