NVIDIA's CEO Jensen Huang stated that the company is constrained by shortages across HBM and LPDDR memory, land, power, and construction workers, indicating a broad supply-demand imbalance. Huang believes the industry can double revenue each year but will struggle to grow faster due to these multifaceted constraints.
NVIDIA's growth is capped by physical infrastructure and component supply, not just HBM, implying broader bottlenecks for AI compute expansion.