Nvidia's Jensen Huang says he sees no sign of a 2029 memory glut: 'You can always use more'

Nvidia's Jensen Huang has predicted that there will be no memory glut in 2029, citing strong demand for memory chips. The company's CEO believes that the demand for memory will continue to outstrip supply, driving up prices and benefiting Nvidia's business. The growth of AI is a key factor driving this trend, with many applications requiring large amounts of memory to function. The increasing use of memory-intensive applications, such as gaming and video editing, is also expected to drive up demand for memory chips. Huang's prediction is based on a range of factors, including the company's own sales data and industry trends. Many experts believe that this trend is a sign of a broader shift towards the increasing importance of memory in the tech industry, with Nvidia well-positioned to benefit. Overall, the prediction is a positive sign for Nvidia's business, with potential implications for the entire tech industry.