Isophoric News · Thursday, October 22, 2026
Nvidia's Huang says he sees no sign of a memory glut by 2029 after a week-long memory stock sell-off
Nvidia CEO Jensen Huang told CNBC on Thursday that a surplus of memory supply is unlikely by 2029, despite a sell-off in memory stocks over the past week, CNBC reported. "One of the things that's really great about memory is that you can always use more of it," Huang said in an interview at the company's GTC Berlin conference, adding that HBM memory will be used for years. The sell-off followed an Oct. 15 opinion column in a South Korean publication that cited two experts expecting a "flood of new supply" in 2029, according to CNBC's translation, and an announcement by China's ChangXin Memory Technologies of a new design architecture, CNBC reported. Huang said Nvidia is "open-minded" about working with the Chinese memory maker.
