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Nvidia's Blackwell GPU shipments to begin in Q4, company says

Created at 2 Aug · 5:06 AM1 source↑ Market-relevant
IN SHORT

Nvidia announced that shipments of its Blackwell GPUs will commence in the fourth quarter of 2024. The company also expects revenue for the current quarter to be around $28 billion, plus or minus 2%.

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Key Numbers

Q4 2024Blackwell GPU shipment start
$28 billionCurrent quarter revenue projection
2%Revenue projection variance

Who's Involved

Nvidia
Technology company announcing GPU shipment timeline
Jensen Huang
CEO of Nvidia, made the announcement
Nvidia's Blackwell GPU shipments to begin in Q4, company says

↳ Why This Matters

The commencement of Blackwell GPU shipments signals the next phase of Nvidia's AI hardware cycle, crucial for advancements in artificial intelligence and high-performance computing. The revenue forecast provides insight into the company's continued market dominance and growth trajectory in the AI sector.

Key facts

  • Nvidia's Blackwell GPUs are slated for shipment starting in the fourth quarter of 2024.
  • The company projects current quarter revenue to be approximately $28 billion, with a 2% variance.
  • The announcement was made by Nvidia CEO Jensen Huang during a company event.

Nvidia has announced that shipments for its next-generation Blackwell Graphics Processing Units (GPUs) are scheduled to begin in the fourth quarter of 2024. The company's CEO, Jensen Huang, shared this timeline during a company event. In addition to the GPU shipment update, Nvidia provided a revenue forecast for the current quarter, projecting it to be around $28 billion, with a potential variance of 2%. This outlook suggests continued strong demand for Nvidia's AI-focused hardware.

Frequently asked questions

Shipments of Nvidia's Blackwell GPUs are expected to begin in the fourth quarter of 2024.

Nvidia projects its revenue for the current quarter to be approximately $28 billion, with a 2% margin of error.

Nvidia CEO Jensen Huang announced the shipment timeline during a company event.

What Happens Next

01Shipments of Nvidia's Blackwell GPUs are expected to commence in Q4 2024.
02Nvidia will report its official quarterly earnings and provide further guidance.

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Cadence

How It Developed

Nvidia announced that shipments of its Blackwell GPUs will begin in the fourth quarter.
The company provided a revenue forecast of approximately $28 billion, with a 2% margin of error, for the current quarter.

Sources

T1
Nuri rocket's 5th launch postponed to Oct. over nanosatellite thruster issuesYonhap News Agency

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