The AI boom since the end of last year continues to drive the performance of NVIDIA, the leading GPU manufacturer in the field of artificial intelligence.
It is estimated by the media that in just this year alone, NVIDIA is expected to sell approximately 550,000 high-end AI GPUs, the H100 series, worth billions of dollars.
However, the market is still unaware of the specific sales figures for these GPUs. NVIDIA's flagship H100 products include the H100 SXM 80GB HBM3 and H100 NVL 188GB HBM3 dual-card solutions. These products are either sold to server manufacturers such as Foxconn or used as internal components in NVIDIA's own servers. In addition, NVIDIA is about to launch its GH200 Grace Hopper platform, which consists of a 72-core Grace processor and an H100 80GB HBM3E GPU.
NVIDIA has not disclosed the prices of these specific models as they largely depend on the volume of transactions and business relationships with specific customers. Even assuming that each H100 is priced at a benchmark of $30,000, NVIDIA is expected to generate revenue of up to $16.5 billion from the latest generation of H100 alone, not including the earlier generation A100 chips.
NVIDIA's data center business contributed $4.284 billion in revenue for the company's first fiscal quarter ending April 30th. Given the ongoing AI boom, this revenue is expected to be even higher for the second fiscal quarter ending in July. Looking at the entire fiscal year, the data center business is expected to break records.
It is worth noting that NVIDIA's partner, TSMC, is currently struggling to meet the demand for GPU production due to its use of CoWoS packaging. TSMC, as a foundry, is working hard to improve the production capacity of this chip packaging method.
Analysts at Bernstein previously stated earlier this month that with the improvement of TSMC's packaging capabilities next year, NVIDIA may generate data center and AI chip revenue of $75 billion to $90 billion in 2024, while the consensus expectation among Wall Street analysts is $42 billion.
The Bernstein team believes that NVIDIA's performance will continue to grow and may even rise in the foreseeable future, at least in the next 12-18 months. This analysis reflects an optimistic outlook for NVIDIA's future development.
Currently, due to many companies wanting to purchase tens of thousands of GPUs to expand artificial intelligence into their businesses, the supply and demand for AI chips may remain tight for some time.

NVDA

According to the calculation based on the lowest price, the H100 chip alone will bring NVIDIA a revenue of 16.5 billion US dollars, not including other AI chips such as A100. Some analysts even optimistically predict that NVIDIA may generate data center and AI chip revenue of 75 to 90 billion US dollars by 2024.

AI market is on fire? NVIDIA may sell 550,000 H100 GPUs this year.