NVIDIA's H100 AI GPUs have gained tremendous traction, especially after the AI boom, with the company expecting to ship 550,000 units within 2023.
NVIDIA's H100 AI GPUs Have Proven To Be a "Bonanza" For The Company, Leading to Explosive Growth In 2023
Financial Times reports that the demand for the H100s has spread globally, with countries such as Saudi Arabia and UAE stepping into the game. It is said that Saudi Arabia has acquired 3,000 of NVIDIA's H100 GPUs as the government plans to shift its revenue generation from traditional oil resources to booming technologies in the world. UAE has also purchased several H100s for its LLM model Falcon and plans on rapid development in the AI sector.
To give you a rough estimate of how much 550,000 units of H100s will cost, starting with the base price of $40,000, excluding regional differences, will amount to $22 billion in revenue. An essential factor to note is that the cut-down AI GPUs in China are rapidly selling for as high as $70,000; hence, the AI-driven revenue for FY23 could exceed the $25 billion mark. However, this does come with the fact that suppliers such as TSMC can cope with the demand.
In a detailed coverage, we highlighted the importance of NVIDIA's H100 GPUs and went into the depths of what they brought into the industry. We advise you to review the article to give you a vivid picture of the ongoing situation. Currently, NVIDIA is pushing the production of H100s GPUs in the pipeline without caring about issues such as production bottlenecks. But that is what you can expect from Team Green, considering the company did everything to exploit the 2019-2022 "crypto mining" boom.
Analysts have predicted that NVIDIA can generate $300 billion from AI sales by 2027, which doesn't seem far-fetched since we are seeing reports of an increase in demand day by day. However, this brings in problems for NVIDIA since now it has to scale its production capacities to a much greater extent and broaden its suppliers, which the company has been working upon, as previously reported. AI has a lot in stock for everyone, as it opens new doorways in the tech industry and is ultimately proven as the "jackpot" for companies like NVIDIA.
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