Barron’s Reports on Nvidia’s Continued High Demand for Computing Accelerators
Barron’s reports that Nvidia continues to maintain high demand for its computing accelerators, despite temporary fluctuations in the stock market. Although Nvidia’s stock price has seen a decline since the beginning of March 2024, experts believe that this is not related to a decrease in demand for the company’s products.
On the contrary, it is forecasted that in 2024 Nvidia will be able to introduce 4 million graphics processors to the market, which is ten times more than the supply volume of competitors such as AMD. The demand for the next-generation Hopper accelerators remains stable, and it is projected to continue until the end of the year.
Furthermore, the company is successfully improving the situation with meeting demand, reducing order waiting times to less than 30 weeks compared to the previous 40-50 weeks. It is important to note that the recent stock price correction of Nvidia may be temporary, as investor interest in the company’s securities remains high.
