Jensen Huang: Blackwell has been fully put into production, with performance expected to increase by 3-4 times compared to the previous generation of chips

Jensen Huang revealed NVIDIA's next plan in a recent interview, which is to fully mass-produce Blackwell. He stated that the new generation of Blackwell will significantly improve performance, reduce computing costs, and drive the development of artificial intelligence.

On the 12th, the Biden administration held a closed-door meeting on AI with top global technology leaders. Industry giants such as Sam Altman, CEO of OpenAI, Demis Hassabis, CEO of Google DeepMind, and Dario Amodei, CEO of Anthropic, were all present.

After the meeting, Jensen Huang, the founder and CEO of NVIDIA, was interviewed by CNBC, where he said:

We are working on producing the next generation product, Blackwell. With each generation of products, we are striving to significantly increase performance. When we launch a new generation of products, performance increases by 3 to 4 times, and we are actually reducing computing costs by the same proportion.

He also revealed that NVIDIA is initiating full-scale production of the Blackwell chip.

We are fully mass-producing Blackwell. Every company in the world is eagerly waiting for us to deliver to them.

These remarks are seen as a strong response to the previous rumors of delays in the launch of Blackwell. Just the day before, he even lamented that the products were too hot to handle, leaving customers dissatisfied.

During a technology conference organized by Goldman Sachs, he discussed with Goldman Sachs CEO Solomon, saying, "The demand is very strong, everyone wants to be the first to receive the goods, everyone wants to receive the most products," and "We may now have more emotional customers, which is only natural. The situation is a bit tense now, and we are doing our best." He added that there is strong demand for the latest generation chip, Blackwell GPU, and suppliers are catching up.

In just a few sentences, the major U.S. stock indexes completely erased their intraday declines at the close, achieving a V-shaped rebound, with NVIDIA closing up 8.15% that day. The topic of "Jensen Huang saving the U.S. stock market" once again went viral.

In a post-earnings conference call last month, Jensen Huang also mentioned that the market's demand for the Hopper chip remains "strong," and there is high anticipation for Blackwell as well. With Blackwell set to begin mass production in the fourth quarter, it is expected to generate billions of dollars in revenue.

During this interview, Jensen Huang also emphasized NVIDIA's potential in energy conservation. He pointed out that although artificial intelligence training requires a large amount of energy, applications in fields such as healthcare and climate technology will bring significant energy savings.

The full interview is as follows:

CNBC reporter Megan Cassella:

Can you tell us about today's meeting?

Jensen Huang:

We talked about energy, discussing this new industry called the AI Factory and artificial intelligence. Obviously, we are at the beginning of a new industrial revolution, which will generate intelligence. It requires energy, of course, and a large number of excellent computer science and large computing systems manufactured by NVIDIA. So we must ensure that everyone understands the upcoming needs, opportunities, and challenges, and do so in the most effective and scalable way possible.

Megan Cassella:

Do you think the federal government needs to play a role in combining federal and private investments?

Jensen Huang:

In this field, public and private cooperation may be needed because the growth rate is indeed quite high. Although artificial intelligence consumes a lot of energy during training, it also saves a lot of energy when consuming this energy because ultimately, it is not about training models, but about using models.

Whether in healthcare, climate technology, or simply running the power grid, artificial intelligence has the opportunity to truly save a lot of energy. I think people are working to address the scale of future opportunities, as well as the scale of future challenges. Therefore, this will require public and private cooperation.

Megan Cassella:

Is there enough funding support currently?

Jensen Huang:

If this country doesn't have money, I don't think anyone else in the world can take advantage of this incredible new industry. I think people are beginning to realize that artificial intelligence is not just a new computer science, it is a new way of developing software.

Of course, it will completely change the computer industry, but it will create a whole new industry, on top of which intelligent skills and knowledge will be generated. This industry will be very large, and it will become the most exciting new industry in the world.

Megan Cassella:

Can I ask you a brief question about export controls? Do you hope to see changes in U.S. policy to ensure that you can sell products overseas?

Jensen Huang:

Export controls, national security, industrial resilience, supply chain resilience, all of these issues are very complex, and this administration understands the nuances. Therefore, of course, we hope to see American industry as vibrant as possible, exporting American standards worldwide, and having other countries build according to American standards.

Of course, national security is very important. We must protect all these securities at the same time. That's why the work of policymakers is so challenging. They must balance all these demands and ensure that we have a great policy that somehow balances and maintains the smooth operation and flourishing of all these demands.

So I think the most important thing for us is to ensure that we inform the government about the technology and industry situation we understand, and ensure that we comply 100% with the policies.

Megan Cassella:

Yes, absolutely. The first thing we hear from business leaders is stability, especially in this election. Have you ever thought about not supporting one candidate and supporting another, especially in maintaining a calm, stable business environment? Jensen Huang:

One of the truly important things is that this will affect our expert control, which is to have a stable policy. Of course, the policy must adapt to the constantly changing environment. In our world, the changes in the environment are actually real-time. So I understand the challenges the government faces.

At the same time, we must also seek and strive to make American technology the safest choice and the best choice. We hope that industries in other parts of the world can be built on the foundation of our industry. Therefore, stability is crucial. Of course, we must continue to stay ahead, American companies know how to do this. As long as we have stability, I think it will be great.

Megan Cassella:

What about taxes? The two candidates clearly have very different positions on raising the corporate tax rate to 28% or lowering it to 15%. On the other hand, do you have any preferences or thoughts on how this will affect NVIDIA?

Jensen Huang:

Regardless of the tax rate, it's about how we support it. You know, it's that simple. I think this company was built in America. It benefits from all the infrastructure, support, and amazing intellectual capital of this country. So as long as we can repay through taxes, we are happy to do so.

This year, we are focused on building our company, developing our technology, and supporting any government.

Megan Cassella:

Can you tell us about NVIDIA's next plan?

Jensen Huang:

We are in the process of producing the next generation product, Blackwell. With each generation of products, we are trying to significantly increase performance. When we launch a new generation product, performance increases by 3 to 4 times, and we are essentially reducing computing costs and AI costs by the same proportion. Therefore, each generation of products will reduce energy consumption, improve performance, and lower costs. So we are eager to get Blackwell. We have a large-scale production of Blackwell, every company in the world is cutting parts, you know, let us ship the parts to them