Nvidia CEO Jensen Huang Projects Doubling of Chip Sales Next Year Amid AI Growth

During a recent summit in Scotland, Nvidia CEO Jensen Huang projected that the company would sell twice as many chips in the upcoming year compared to this year, highlighting the robust demand for AI technologies across various industries.

This forecast follows Nvidia's earlier announcement of a projected 70% revenue growth for the fiscal year ending January 2028, amounting to approximately $673 billion. Huang emphasized that the increasing investment in AI is evident globally, as industries seek to leverage its benefits.

While Nvidia does not disclose total chip sales, it is known for its data center GPUs, including the Blackwell and Rubin chips, and a range of other semiconductors. Huang's comments come amid ongoing discussions about AI safety, a topic he has addressed frequently, particularly in light of concerns raised by AI researchers regarding the control of advanced AI systems.

He stated that if a product is deemed unsafe, it should be held back for further engineering

Stocks in this article

Company Price Change Change % AI
Nvidia NVDA.US 219.78 +5.88 +2.75% Buy

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