Jensen Huang explains why Nvidia will grow an astounding 70% next year
Nvidia has its finger in every pie, and sees another year of plenty in its future, Jensen Huang says. But, he insists, its deals are not circular.
Nvidia's CEO stated that the company expects revenue to grow 70% next year, projecting revenues around $680 billion based on analyst expectations for current fiscal year revenue of about $400 billion. He attributes this confidence to Nvidia's dominant position across the AI industry, claiming the company runs every AI model and operates as a foundational platform that works with all major AI labs and cloud providers. Huang emphasized that Nvidia's scale extends beyond chip manufacturing to tracking data center development globally, giving the company visibility into AI infrastructure spending across the industry. While competitors from major cloud providers and AI startups are building their own chips, Huang argued that Nvidia's integrated position and the complexity of modern systems (such as products combining multiple CPU and GPU components) create a durable advantage.
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Google Unveils TPU 8i Max and TPU 8tx: A Dual-Chip TPU and a Confidential TPU
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Also reported by Data Center Knowledge
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How backlash and red tape continue to slow data centers post-Blue Wave
The data center boom is running into serious real-world obstacles, from widespread local opposition and permitting delays to a scramble for electricity. Before those challenges even come into play, though, there’s a more basic problem: A lot of the projects being announced may never get built in the first place. With billions of dollars in AI infrastructure […]
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