'NVIDIA's Explosive AI Growth Leads To Increased GPU Prices, Limited Supply & Massive Order Backlog' - Wccftech
Portfolio Pulse from Happy Mohamed
NVIDIA is experiencing significant growth in the AI segment, leading to increased GPU prices, limited supply, and a massive order backlog. The company's GPUs are in high demand for tackling AI, ML, and DNN challenges, with ByteDance alone acquiring $1 billion worth of NVIDIA AI GPUs. The pricing of NVIDIA's H100 GPUs is expected to reach $50,000 per accelerator due to the current market trend.
June 27, 2023 | 2:24 pm
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NVIDIA's growth in the AI segment is causing increased GPU prices, limited supply, and a massive order backlog. ByteDance has acquired $1 billion worth of NVIDIA AI GPUs, and H100 GPU prices are expected to reach $50,000 per accelerator.
NVIDIA's significant growth in the AI segment is driving up GPU prices and causing supply constraints. This is likely to result in increased revenues for the company, as demand for their GPUs remains strong. ByteDance's $1 billion order for NVIDIA AI GPUs is a clear indication of the high demand for their products. The expected increase in H100 GPU prices to $50,000 per accelerator will further boost NVIDIA's revenues.
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