The demand for next-generation processors is at an all-time high as companies continue to seek more advanced AI models and applications. Nvidia, a leader in the AI market, has seen unprecedented demand for its latest Blackwell GPU platform, resulting in the supply being sold out for the next 12 months. During an investors’ meeting with Morgan Stanley analysts, Nvidia CEO Jensen Huang confirmed that every Blackwell GPU that the company and its manufacturing partner TSMC can produce over the next four quarters has already been purchased by major tech giants such as AWS, Google, Meta, Microsoft, Oracle, and CoreWeave.

This situation is similar to what happened with Hopper GPUs several quarters ago, as pointed out by Morgan Stanley analyst Joe Moore. The overwhelming demand for Blackwell GPUs is being driven by Nvidia’s traditional customers, solidifying the company’s position in the AI processor market. Despite competition from rivals such as AMD, Intel, and smaller cloud-service providers, Nvidia is expected to gain even more market share in 2025, according to Moore.

The Blackwell GPU platform, which was introduced in March, is designed to handle the demanding workloads of large language model (LLM) inference while significantly reducing energy consumption. This is a growing concern in the industry, and Nvidia’s Blackwell architecture addresses it by adding capabilities at the chip level to leverage AI-based preventative maintenance. This allows for uninterrupted operation for weeks or even months at a time, reducing operating costs.

However, there are still questions about whether TSMC has enough CoWoS-L capacity to meet the demand for Blackwell GPUs, as both the B100 and B200 use this packaging. Additionally, the availability of HBM3E memory, which is used in leading-edge GPUs like Blackwell, remains a concern. Despite these challenges, Nvidia’s position in the AI market seems to be secure, and the company is expected to continue its growth in the coming years.