Nvidia, which just earned over $10 billion in one quarter on its datacenter-oriented compute GPUs, plans to at least triple output of such products in 2024, according to the Financial Times, which cites sources with knowledge of the matter. The move is very ambitious and if Nvidia manages to pull it off and demand for its A100, H100 and other compute CPUs for artificial intelligence (AI) and high-performance computing (HPC) applications remains strong, this could mean incredible revenue for the company.
Demand for Nvidia's flagship H100 compute GPU is so high that they are sold out well into 2024, the FT reports. The company intends to increase production of its GH100 processors by at least threefold, the business site claims, citing three individuals familiar with Nvidia's plans. The projected H100 shipments for 2024 range between 1.5 million and 2 million, marking a significant rise from the anticipated 500,000 units this year.
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