Supermicro CEO suggests Nvidia's Blackwell could be delayed until early 2025

Charles Lean, CEO of Supermicrocomputer (NASDAQ: SMCI), indicated in the company's financial results announcement last night that mass shipments of Nvidia (NASDAQ: NVDA) Blackwell GPUs are not expected until the 2025/3 fiscal year.

There is a possibility that several Blackwell GPUs will be shipped in the December fiscal year, but “I think the actual shipment will be in the March fiscal year next year,” he said.

Lian added that this delay is the reason why Supermicro expects sales for the 2025 fiscal year, which began in 2024/7, to be “only 26 billion dollars to 30 billion dollars.”

In May, Nvidia CEO Jensen Huang said he expected more Blackwell units to be shipped by the end of this fiscal year.

However, several of the company's largest customers, such as Meta Platforms (META), Google (GOOG) (GOOGL), and Microsoft (MSFT), suggest that there is a high possibility that Blackwell shipments will be delayed.

Since unusual design issues occurred at the end of manufacturing, the company was forced to conduct new test production with the chip manufacturer Taiwan Semiconductor Manufacturing Company (TSM). Nvidia customers will have to wait until the first quarter of 2025 to receive large shipments.

Mr. Lian suggested that since Super Micro “has many optimized systems and rack scale designs compatible with Blackwell,” it can be operated as soon as Blackwell arrives.