Nvidia Sees 'Insane' Demand For Blackwell Chips, Designed for Generative AI Era. 'Everybody Wants to Be First,' Says CEO Jensen Huang. Stocks Surge in After-Hours Trading.

  • 30 seconds ago
Nvidia stock surged Wednesday after CEO Jensen Huang reported insane demand for its upcoming Blackwell AI processors, expected to hit the market in Q4. Huang highlighted that "everybody wants to be the first" to obtain the new chips, which promise more than double the performance of Nvidia's Hopper processors. Nvidia shares closed up more than 1% and continued rising in after-hours trading. Huang unveiled the processors designed for the generative AI era in March.

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