Physix Frontier · News Briefing Card (IT Home · Oct 16, 2026)

Jensen Huang Says AI Chip Orders Keep Outpacing Supply

KEY FACTS

In a podcast interview, Jensen Huang said customer orders for AI chips continue to exceed Nvidia's supply capacity.
He revealed that new orders are pouring in almost weekly and daily, and the backlog of undelivered orders keeps rising.
Leading cloud service providers, emerging AI cloud compute providers, and hardware manufacturers have all placed massive orders.
The planning horizon of the largest customers now extends two years out, and demand forecasts generally run at least a year ahead.
Huang said frontier AI labs account for only about 25% to 30% of Nvidia's compute demand.

KEY DATA

25% to 30%Frontier AI labs' share of Nvidia compute demand

PHYSIX OBSERVATION

Demand stretching two years out shows the AI infrastructure buildout is far from its peak, but the bottleneck has shifted from chips to power, data centers, and components. By playing down frontier labs to roughly 30%, Huang is softening the narrative of dependence on a handful of big customers and giving capital markets reassurance. What truly deserves watching is when the supply side catches up.

Source: IT Home report