SAN JOSE: Nvidia chief Jensen Huang on Monday said he expects the artificial intelligence chip powerhouse to bring in at least a trillion dollars in revenue through next year.<p style="-webkit-font-smoothing: antialiased; text-size-adjust: 100%; box-sizing: border-box; margin: 1em 0px 20px; padding: 0px; border: 0px; font-size: 20px; font-stretch: normal; font-style: normal; line-height: 2; letter-spacing: normal; font-weight: 400; color: rgb(0, 0, 0); font-family: source-sans-pro, Arial, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; scroll-behavior: auto !important;">Huang made the ramped-up revenue forecast while outlining Nvidia&#39;s latest innovations for a packed audience at the opening of its annual developers conference in Silicon Valley.<p style="-webkit-font-smoothing: antialiased; text-size-adjust: 100%; box-sizing: border-box; margin: 1em 0px 20px; padding: 0px; border: 0px; font-size: 20px; font-stretch: normal; font-style: normal; line-height: 2; letter-spacing: normal; font-weight: 400; color: rgb(0, 0, 0); font-family: source-sans-pro, Arial, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; scroll-behavior: auto !important;">&quot;I see, through 2027, at least a trillion dollars (in revenue),&quot; Huang said.<p style="-webkit-font-smoothing: antialiased; text-size-adjust: 100%; box-sizing: border-box; margin: 1em 0px 20px; padding: 0px; border: 0px; font-size: 20px; font-stretch: normal; font-style: normal; line-height: 2; letter-spacing: normal; font-weight: 400; color: rgb(0, 0, 0); font-family: source-sans-pro, Arial, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; scroll-behavior: auto !important;">&quot;I am certain that computing demand will be higher than that.&quot;<p style="-webkit-font-smoothing: antialiased; text-size-adjust: 100%; box-sizing: border-box; margin: 1em 0px 20px; padding: 0px; border: 0px; font-size: 20px; font-stretch: normal; font-style: normal; line-height: 2; letter-spacing: normal; font-weight: 400; color: rgb(0, 0, 0); font-family: source-sans-pro, Arial, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; scroll-behavior: auto !important;">A year earlier, at the same event, Huang had projected revenue of half that much.<p style="-webkit-font-smoothing: antialiased; text-size-adjust: 100%; box-sizing: border-box; margin: 1em 0px 20px; padding: 0px; border: 0px; font-size: 20px; font-stretch: normal; font-style: normal; line-height: 2; letter-spacing: normal; font-weight: 400; color: rgb(0, 0, 0); font-family: source-sans-pro, Arial, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; scroll-behavior: auto !important;">The revenue is expected to be driven by demand for its premium graphics processing units (GPUs), which Huang touted as delivering high performance while reining in the cost of delivering AI services.<p style="-webkit-font-smoothing: antialiased; text-size-adjust: 100%; box-sizing: border-box; margin: 1em 0px 20px; padding: 0px; border: 0px; font-size: 20px; font-stretch: normal; font-style: normal; line-height: 2; letter-spacing: normal; font-weight: 400; color: rgb(0, 0, 0); font-family: source-sans-pro, Arial, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; scroll-behavior: auto !important;">Huang contended that demand for computing power has increased &quot;a million-fold&quot; in just two years and shows no sign of abating.<p style="-webkit-font-smoothing: antialiased; text-size-adjust: 100%; box-sizing: border-box; margin: 1em 0px 20px; padding: 0px; border: 0px; font-size: 20px; font-stretch: normal; font-style: normal; line-height: 2; letter-spacing: normal; font-weight: 400; color: rgb(0, 0, 0); font-family: source-sans-pro, Arial, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; scroll-behavior: auto !important;">He went on to show Nvidia&#39;s latest innovations when it came to GPU&#39;s and platforms for building AI into nearly everything, from robots and apps to data centers orbiting the planet.<p style="-webkit-font-smoothing: antialiased; text-size-adjust: 100%; box-sizing: border-box; margin: 1em 0px 20px; padding: 0px; border: 0px; font-size: 20px; font-stretch: normal; font-style: normal; line-height: 2; letter-spacing: normal; font-weight: 400; color: rgb(0, 0, 0); font-family: source-sans-pro, Arial, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; scroll-behavior: auto !important;">Nvidia is tailoring its technology for &quot;agentic&quot; AI and training models, as well as inferencing, in which AI makes deductions or generates content, demonstrations showed.<p style="-webkit-font-smoothing: antialiased; text-size-adjust: 100%; box-sizing: border-box; margin: 1em 0px 20px; padding: 0px; border: 0px; font-size: 20px; font-stretch: normal; font-style: normal; line-height: 2; letter-spacing: normal; font-weight: 400; color: rgb(0, 0, 0); font-family: source-sans-pro, Arial, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; scroll-behavior: auto !important;">The entire tech world from big names like OpenAI and Anthropic to young startups, feels like they could grow revenue and their AI &quot;if they could just get more capacity,&quot; Huang told the audience.<p style="-webkit-font-smoothing: antialiased; text-size-adjust: 100%; box-sizing: border-box; margin: 1em 0px 20px; padding: 0px; border: 0px; font-size: 20px; font-stretch: normal; font-style: normal; line-height: 2; letter-spacing: normal; font-weight: 400; color: rgb(0, 0, 0); font-family: source-sans-pro, Arial, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; scroll-behavior: auto !important;">Nvidia is aiming its AI expertise at seemingly all sectors, from automobiles to health care.<p style="-webkit-font-smoothing: antialiased; text-size-adjust: 100%; box-sizing: border-box; margin: 1em 0px 20px; padding: 0px; border: 0px; font-size: 20px; font-stretch: normal; font-style: normal; line-height: 2; letter-spacing: normal; font-weight: 400; color: rgb(0, 0, 0); font-family: source-sans-pro, Arial, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; scroll-behavior: auto !important;">&quot;Every single enterprise company, every single software company in the world needs an AI agent strategy,&quot; Huang said.<p style="-webkit-font-smoothing: antialiased; text-size-adjust: 100%; box-sizing: border-box; margin: 1em 0px 20px; padding: 0px; border: 0px; font-size: 20px; font-stretch: normal; font-style: normal; line-height: 2; letter-spacing: normal; font-weight: 400; color: rgb(0, 0, 0); font-family: source-sans-pro, Arial, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; scroll-behavior: auto !important;">&quot;This is going to become a multi trillion-dollar industry, offering not just tools for people to use, but agents that are specialized,&quot; he added.

Nvidia CEO Jensen Huang is joined at the stage by a Disney animatronic robot during his keynote address at the company's annual GTC developers conference at the SAP Center in San Jose, California

Artificial Intelligence

Jensen Huang says Nvidia expects to generate at least $1 trillion in revenue by 2027, driven by soaring demand for its AI GPUs and expanding AI applications across industries.

Articles tagged with "Jensen Huang"

Nvidia chief expects revenue of $1 trillion through 2027

Nvidia chief expects revenue of $1 trillion through 2027