Nvidia CEO expects chip sales to double as AI capex cycle accelerates

Seekingalpha+1 · 3 hours ago
Nvidia CEO expects chip sales to double as AI capex cycle accelerates
  • Nvidia CEO Jensen Huang expects the company to sell twice as many chips next year as this year, citing rising AI demand across sectors and economies.
  • Huang downplayed AI slowdown concerns, saying unsafe products should be held back and engineered further.
  • Huang sees AI infrastructure spending reaching $3 trillion to $4 trillion by 2030, with Nvidia CFO Colette Kress projecting ~70% revenue growth for the fiscal year ending January 2028.
  • Nvidia and Einride AB entered a strategic collaboration to accelerate the development and deployment of autonomous heavy-duty trucks.

Quotes

I expect Nvidia to sell twice as many chips as this next year as we do this yearJensen Huang
When a product is not safe, we should hold it back and keep engineering it.Jensen Huang
You can see that in almost every single country that we're in, people want to invest in AIJensen Huang

Sources