Before Resigning, Jensen Huang Admitted He Was Facing an "Avalanche" of Excess Wafers and Memory, New Report Sheds More Light on the GPU & RAM Crisis
RespawnFirst's article relays the Wall Street Journal's report that Jensen Huang admitted in August 2026 to an "avalanche" of excess prepaid TSMC silicon and memory as cloud providers move to in-house chips, and details his clash with CFO Colette Kress, who cut Nvidia's OpenAI guarantee cap from up to $250 billion to about $125 billion. It adds that Nvidia has contacted TSMC to wind down orders and quotes Ed Zitron calling Nvidia's deals fake and estimating $200 billion of idle AI chips in warehouses.
