After ‘Panic,’ Nvidia’s AI Chips Are Becoming Easier to Find

When Nvidia CEO Jensen Huang told investors on Wednesday that the chipmaker’s supply of specialized semiconductors vital for artificial intelligence was “improving,” he confirmed what many AI software developers already knew: The yearlong chip crunch is easing.

More than half a dozen companies that use AI chips say it’s become easier to rent Nvidia’s most advanced chip, known as the H100, from cloud providers. That’s a change from last year, when many experienced a monthslong wait—if they could get the chips at all.

“You couldn’t get an H100 from Google Cloud three months ago, and now you can,” said Miguel Solano, CEO of VMind AI, which helps companies building large language models cut compute costs by increasing the efficiency of their chips.