From CNBC · Kif Leswing · · 1m 20s
Nvidia will double chip sales next year, Huang says
The CEO's bold forecast signals continued explosive growth for the AI chip giant.
In brief
The CEO's bold forecast signals continued explosive growth for the AI chip giant. Nvidia expects to sell twice as many chips in the next year, driven by global AI investment across industries. Originally reported by CNBC.
Nvidia to double chip sales
CEO Jensen Huang announced the company will sell twice as many chips next year compared to this year, driven by surging global demand for AI technology.
“I expect Nvidia to sell twice as many chips as this next year as we do this year”
Massive growth forecast continues
Nvidia previously projected 70% growth for fiscal year 2028, with expected revenue around 673 billion dollars, causing analyst expectations to surge.
AI demand spans every industry
Huang cited widespread investment in AI across different industries and countries as the reason for the doubling forecast, noting AI's broad economic benefits.
“AI has so much contribution to the benefits of different industries, different economies”
Beyond GPUs, diverse chip portfolio
Nvidia makes central processors, switch chips, optical networking chips, laptop chips, Jetson chips for robots and cars, and the processor inside Nintendo's Switch 2.
Blackwell GPUs lead the way
Nvidia's best-known products are data center GPUs like Blackwell and Rubin chips. The company shipped 6 million Blackwell GPUs over four quarters last year.
Safety remains engineering focus
Huang discussed AI safety at a UK summit with leaders from Google DeepMind, OpenAI and Anthropic, saying unsafe products should be held back until properly engineered.
“When a product is not safe, we should hold it back and keep engineering it”
What to remember
Nvidia expects to sell twice as many chips in the next year, driven by global AI investment across industries.
