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Nvidia CEO Sees Chip Sales Double Amid Booming AI Demand
Nvidia CEO Jensen Huang expects the company's chip sales to double in the next year. He attributed this growth to increasing demand for AI across sectors and economies.
In a recent summit with King Charles III, Huang reported that he expects Nvidia to sell twice as many chips as it does this year.
This comes after Nvidia's CFO Colette Kress projected 70% revenue growth for the fiscal year ending January 2028. Huang also noted that AI infrastructure spending is expected to reach $3 trillion to $4 trillion by 2030, and emphasized the value of AI computing hardware as a financeable asset.