① Hwang In-hoon recently stated that due to the limited supply of its products, some customers are frustrated, and the company's relationship with these customers has also become strained; ② He also mentioned that Nvidia is very dependent on TSMC in producing chips because the latter is far ahead in this field.
Financial Services Association, September 12 (Editor Zhao Hao) Nvidia CEO Huang Renxun recently stated that due to the limited supply of its products, some customers are frustrated, and the company's relationships with these customers have also become strained.
On Wednesday (September 11), local time, Hwang In-hoon delivered a speech at a technical conference hosted by Goldman Sachs Group. He told the audience, “Demand (for Nvidia products) is very strong. Everyone wants to be the first to receive the most products.”
In particular, he mentioned that demand for the latest generation chip “Blackwell” is strong, and suppliers are catching up. “We may now have more emotional customers, which is a matter of course. The situation is a bit tense now, and we are doing our best.”
Influenced by Hwang In-hoon's speech, Nvidia's stock price rose markedly. As of press release, Nvidia is up more than 5.5%, and at one point the stock fell more than 0.4% at the beginning of the session. Since the beginning of the year, Nvidia has risen more than 130% since the beginning of the year as tech giants need to use Nvidia's AI chips to develop and run artificial intelligence models.
According to information, Nvidia's top two customers are Microsoft and Meta Platforms, respectively. Zuckerberg also admitted that the company has been hoarding large numbers of Nvidia chips, and has even begun to suspect “excessive investment.”
When asked if customers' AI expenses could bring a return on investment, Wong In-hoon said that these companies had no choice but to accept “accelerated computing.” He explained that Nvidia's technology not only speeds up traditional workload processing, but can also handle AI tasks that older technology can't handle.
Hwang In-hoon also mentioned that Nvidia relies heavily on TSMC to produce chips because the latter is far ahead in this field. He added that most of the company's technology is self-developed and has the ability to transfer orders to other suppliers, but this change may cause chip quality to decline.
He notes, “TSMC's sensitivity and ability to respond to our needs is incredible. We chose them because they are really good, but of course we can use other vendors if necessary.”
Influenced by this statement, TSMC's US stock also rose markedly; it had already risen by more than 3.5% at the time of press release.