# Nvidia CEO Jensen Huang Sees No Sign of a 2029 Memory Glut

By Simon Yoon

Canonical URL: https://www.tokenpost.com/news/technology/38586
Published: 2026-10-23T02:22:15.000Z
Updated: 2026-10-23T02:22:15.000Z
Section: Technology

> Huang said Nvidia will keep using large amounts of memory as chipmakers’ shares slide amid concerns about weaker future demand and potential oversupply.

Nvidia CEO Jensen Huang said memory supply is unlikely to outpace demand by 2029, as concerns about weaker future demand and potential oversupply weigh on memory makers’ shares.

In a Thursday interview on the sidelines of Nvidia’s GTC Berlin event, Huang said, “You can always use more of it.” He said the company will continue using large amounts of memory and expects HBM, a type of RAM, to remain in use for years.

Huang also said Nvidia was the first company to bring LPDDR memory, commonly used in cellphones, into data centers. He credited that use with helping Nvidia deliver performance at twice the energy efficiency of other options available today.

Memory shares have fallen over the past week amid worries that demand could weaken in coming years while supply expands. Memory is a key component in Nvidia’s chips. Excess supply could weigh on prices and profitability for manufacturers such as SK Hynix, Samsung and Micron.

China-based CXMT added to supply concerns after announcing a new memory design architecture that could improve efficiency. Investors have worried the development could help CXMT take market share from established suppliers, including SK Hynix, Samsung and Micron.

Asked about working with CXMT or using its memory, Huang said Nvidia was “open-minded.” He said companies around the world work with Chinese firms somewhere in their supply chains and described China as exceptionally capable in manufacturing.

Huang also argued that U.S. restrictions on advanced chip exports accelerated China’s efforts to develop its semiconductor technology and manufacturing capacity. The remarks tied the memory outlook to U.S.-China competition in semiconductors.