$NVDA Jensen Huang: Surplus of memory supply is unlikely by 2029.
The CNBC question referenced a Korean newspaper opin | Hanami
$NVDA Jensen Huang: Surplus of memory supply is unlikely by 2029.
The CNBC question referenced a Korean newspaper opinion on $KOSPI / Samsung / SK Hynix that predicted "new supply will leave the memory sector a red ocean in 2029."
"One of the things that's really great about memory is that you can always use more of it", Jensen said, citing LPDDR usage in DCs. And responded "I don't think so" in terms of possibilities of oversupply in 2029.
Just my personal opinion, Nvidia probably has the most visibility in the entire industry.
Especially around supply procurement and emerging capacity, given they're the ones leading all the architectural shifts.
On durability, you have Samsung already allocated majority of capacity into 2031 from SED and hyperscalers like $GOOGL are already reportedly securing memory LTAs into 2035 from KeyBanc.
Yet there's endless "it's all over" sentiment on memory now. I'd probably trust Jensen's opinion here.