Nvidia’s upcoming Blackwell processors have sold out for the next 12 months.
The news was shared in a client note published by Morgan Stanley analyst Joseph Moore after the firm hosted Nvidia’s CEO Jensen Huang and other executives from the company this week.
According to Moore, the product rollout is on schedule and Nvidia’s Blackwell GPUs are “booked out 12 months,” meaning customers who have not yet placed an order with the company won’t receive any Blackwell products until late 2025.
Nvidia announced the Blackwell GPU family in March of this year.
Manufactured using a custom-built, two-reticle limit 4NP TSMC process with GPU dies connected by 10TBps chip-to-chip link into a single, unified GPU, Blackwell GPUs have 208 billion transistors. This is an increase on the 80bn in the Hopper series and includes a second-generation transformer engine and new 4-bit floating point AI inference capabilities.
Earlier this week, Microsoft became the first cloud to deploy Nvidia’s GB200 AI servers, with the company posting on X, formerly Twitter: "Microsoft Azure is the 1st cloud running Nvidia's Blackwell system with GB200-powered AI servers. We're optimizing at every layer to power the world's most advanced AI models, leveraging Infiniband networking and innovative closed-loop liquid cooling. Learn more at MS Ignite."
Google, Meta, and CoreWeave have also placed orders for Blackwell GPUs. Products are expected to start shipping this quarter, having been delayed due to an unexpected but now resolved design flaw.
In August, Nvidia CFO Colette Kress told analysts on the company’s Q3 2024 earnings call that the company was expecting to ship “several billion dollars in Blackwell revenue” during the final quarter of 2024.
