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NVIDIA
File photo by Simon Liu on Flickr via Wikimedia Commons

NVIDIA's Blackwell chips will be available for shipping from Q4 this year: CEO Jensen Huang

| @indiablooms | Oct 24, 2024, at 06:40 pm

Mumbai/IBNS: NVIDIA Corporation’s CEO Jensen Huang announced that the company’s advanced Blackwell chips, key to its next-generation GPU architecture, will begin shipping to customers in the fourth quarter of this year.

The chips are being produced at full capacity at the Taiwan Semiconductor Manufacturing Company's (TSMC) manufacturing facilities, he said.

Huang made the announcement during the NVIDIA AI Summit India, held at the Jio World Convention Centre in Mumbai on Thursday (Oct. 24).

The Blackwell chips are expected to offer significant improvements in both performance and efficiency, catering to the increasing demands in AI, data centers, and gaming technology.

The new architecture aims to reinforce NVIDIA’s dominance in the GPU market by boosting computational power for high-performance applications.

Industry forecasts by Statista estimate the global GPU market at $65.3 billion in 2024, with expectations to grow at a compound annual growth rate (CAGR) of 33.2 percent, reaching $274.2 billion by 2029.

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