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Nvidia CEO Reaffirms $3 Trillion Data Center Projection for 2030

Guavy AI Editorial Team
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NVDA
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Nvidia CEO Jensen Huang has reaffirmed his prediction that data center capital expenditures will reach $3 trillion to $4 trillion annually by 2030.

Huang, one of Nvidia's co-founders, has been making this bold projection for a few years and believes it is still accurate.

Nvidia is poised to benefit from this growth as the company is already seeing significant demand for its chips in the data center market.

In 2026, Nvidia expects the big five artificial intelligence (AI) hyperscalers to spend nearly $800 billion on capital expenditures, with some analysts estimating that the total could reach up to $1 trillion this year.

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