Nvidia's Jensen Huang says he sees no sign of a 2029 memory glut: 'You can always use more'

Nvidia CEO Jensen Huang told CNBC Thursday that a surplus of memory supply is unlikely by 2029, despite a sell-off in memory stocks over the past week amid concerns about oversupply and weakening demand. "One of the things that's really great about memory is that you can always use more of it," Huang told CNBC's Arjun Kharpal in a wide-ranging interview on the sidelines of the company's GTC Berlin conference. He added that HBM, a type of random access memory, or RAM, will be used for years to come.