NVIDIA Blackwell GPU Set to Enter Mass Production, Projected Q4 Revenue to Exceed $10 Billion

Recently, NVIDIA announced that its latest Blackwell architecture GPUs have officially entered mass production. According to a Morgan Stanley report, this development is expected to generate over $10 billion in revenue for NVIDIA in the fourth quarter of 2023, further solidifying its leadership in the AI chip market.

The report highlights robust demand from major clients for the Blackwell GPUs, driven by their need for high-performance computing. This demand not only propels NVIDIA's revenue growth but is also expected to significantly impact the company’s performance, especially as demand for the Hopper architecture’s H200 chips continues to rise.

Morgan Stanley forecasts that GPU shipments of the Blackwell series could reach 450,000 units this quarter. This surge underscores NVIDIA's strength in high-end GPU manufacturing and signals a breakthrough in revenue, surpassing the $10 billion mark.

Importantly, NVIDIA is actively addressing technical challenges associated with the GB200 server cabinets—issues that are typical during the debugging process before launching new products. The company is focused on overcoming these hurdles to ensure timely delivery and meet market demands. Concurrently, the demand for H200 chips remains strong, fueled by advancements in AI projects across various countries and the expansion of smaller cloud service providers. This positive market response not only provides NVIDIA with a stable revenue stream but also alleviates concerns about a potential ban on H200 sales.

The mass production of Blackwell GPUs and the anticipated revenue growth not only validate NVIDIA's technological prowess and market position but also inject vital momentum into the company’s future development. As AI technology continues to evolve and expand into new applications, NVIDIA is poised to maintain its leadership in the AI chip market, creating significant value for shareholders and investors.