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Nvidia, the world's leading maker of graphics processing units (GPUs), is planning to triple its production of compute GPUs in 2024, according to a report by the Financial Times. The move is a response to strong demand for Nvidia's GPUs, which are used in a variety of applications, including artificial intelligence (AI), high-performance computing (HPC), and data analytics.
The Financial Times report cites three people familiar with Nvidia's plans, who say that the company is targeting shipments of between 1.5 million and 2 million H100 compute GPUs in 2024. This would be a significant increase from the 500,000 H100 GPUs that Nvidia expects to ship in 2023
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The H100 is Nvidia's most powerful compute GPU to date. It is based on the company's new Hopper architecture and is designed for AI and HPC workloads. The H100 offers up to 80 teraflops of performance and can be used to train and deploy large language models, develop self-driving cars, and analyze big data.
Nvidia's decision to triple production of its compute GPUs is a sign of the strong demand for these chips. The company's GPUs are used by a wide range of customers, including cloud computing providers, research institutions, and financial services firms. As the adoption of AI and HPC continues to grow, demand for Nvidia's GPUs is likely to remain strong.
The increased production of compute GPUs is also a positive sign for the overall semiconductor industry. The semiconductor industry has been struggling with supply constraints in recent years, but the demand for Nvidia's GPUs suggests that the industry is starting to recover.
The increased production of compute GPUs is a major win for Nvidia. The company is well-positioned to capitalize on the growing demand for AI and HPC. With its strong product lineup and leading market position, Nvidia is likely to remain the dominant player in the compute GPU market for years to come.
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