Jensen Huang pushed back on 2029 memory glut fears amid stock selloff
Nvidia's CEO told CNBC that HBM will be used for years and that Nvidia will keep using large amounts of LPDDR memory
Nvidia CEO Jensen Huang and his wife Lori Huang have made a $75 million donation to Vanderbilt University to establish a new college dedicated to art, architecture, and design in San Francisco. Announced on July 21, 2026, the donation aims to integrate creative disciplines with technology, engineering, and entrepreneurship. The university expects the college, named the Jen-Hsun and Lori Huang College of Art, Architecture, and Design, to open in 2027, contingent on regulatory approvals.
The Huangs' donation is structured as a matching gift to encourage other supporters to contribute to the expansion of Vanderbilt's San Francisco campus, which has already surpassed $100 million in total support. The donation is separate from the Huang family's recent $108.3 million donation of computing resources to universities and nonprofit organizations for scientific and AI research.
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