How Nvidia's CEO supply chain problems are affecting customer satisfaction
Description
Jensen Huang, CEO of Nvidia Corp., addressed the growing customer frustration and heightened tensions stemming from the high demand for the company's products at a Goldman Sachs technology conference in San Francisco. Huang acknowledged the intense competition for Nvidia’s limited supplies, stating, "The demand is extremely high, and everyone wants to be first and secure the most. We probably have more frustrated customers now, which is only natural. It’s a tense environment, but we’re doing our best to manage it."
Huang highlighted that Nvidia’s latest chip generation, known as Blackwell, is experiencing significant demand. The company outsources the manufacturing of its physical hardware, and Huang noted that its vendors are working hard to catch up with the demand.