Nvidia told investors that demand for its newest AI accelerators is running ahead of supply, raising the risk that chip shortages will continue through the end of the year. The company said the surge reflects rapid adoption of artificial intelligence across enterprise and cloud markets.

Executives said production is still struggling to catch up with orders for the latest high-performance chips, which power data centers and large-scale AI systems. The warning suggests that customers may face longer wait times as companies race to secure the hardware needed for expanding AI services.

The supply pressure underscores how quickly the AI market has grown, with major tech firms pouring money into infrastructure to train and run advanced models. Nvidia has been one of the biggest beneficiaries of that spending, but the company’s comments show that even dominant suppliers can hit capacity limits during periods of intense demand.

The outlook could matter for businesses building AI products, as delays in obtaining chips may slow deployments or force companies to compete more aggressively for scarce inventory. For now, Nvidia is signaling that the imbalance between demand and supply is unlikely to ease soon.