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Jensen Huang Said Nvidia Will Be the First Customer for HBM4. Here's the AI Memory Stock That Has Reportedly Locked Up 70% of Those Orders.

Jensen Huang hinted that Nvidia will be the largest customer of HBM4 solutions as the company launches next-generation chips.

Jensen Huang Said Nvidia Will Be the First Customer for HBM4. Here's the AI Memory Stock That Has Reportedly Locked Up 70% of Those Orders.

Published July 18, 2026 · Category: Finance

Overview

The explosive growth of artificial intelligence (AI) has ignited a powerful supercycle in the memory semiconductor landscape. As large language models (LLMs) and generative AI systems scale to trillions of tokens, the bottleneck is shifting from raw compute to the speed and capacity of data movement.

Nvidia (NASDAQ: NVDA) is a dominant force in this ecosystem, not merely as the leading designer of graphics processing units (GPUs) but as the primary driver of demand for specialized high-bandwidth memory (HBM). The company's GPUs support the majority of hyperscale training clusters and inference workloads, forcing memory producers to align their roadmaps with Nvidia's performance targets.

Image source: Nvidia.

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Originally published at www.fool.com.

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