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Nvidia CEO Huang Forecasts Chip Sales to Double Next Year

Jensen Huang says demand for Nvidia's AI chips will continue at a rapid pace, pointing to sustained growth over the next six quarters.

· 1 min read · language: en
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CNBC — Top News

Nvidia CEO Jensen Huang said the company expects to sell twice as many chips next year compared with current levels, according to CNBC.

The comment, reported by CNBC on September 17, is described as the latest in a series of forecasts from Nvidia pointing to continued strong growth in chip demand.

According to the report, Huang's remarks suggest the company anticipates sustained expansion over the next six quarters, extending a trend of rising demand for its processors used in artificial intelligence applications.

CNBC's report did not provide additional details on the specific products, customers, or financial figures underlying Huang's projection.

Nvidia has emerged as a leading supplier of chips used to power artificial intelligence systems, and its sales and stock performance have drawn significant attention from investors and industry analysts in recent years.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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