Elon Musk and China want Nvidia GPUs. There could be a shortage soon.

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From Elon Musk to Chinese tech titans, everyone wants Nvidia's GPU chips. There might not be enough to go around.

Perhaps the strongest sign that demand for Nvidia's chips is soaring came in May, when it released stellar second-quarter revenue forecasts that smashed Wall Street's expectations by 50%.

Those results fueled a 24% share-price surge on May 25, adding about $190 billion to the tech giant's total market value in a single day.But there are signs that Nvidia might not be able to produce enough GPUs to keep up. "I think it's not controversial at all to say that, at least in the short term, demand is outstripping supply, and that's true for everybody,"

 

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