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Nvidia CEO Says Company Expects to Double Chip Sales Next Year

Jensen Huang points to accelerating global investment in artificial intelligence as the driver behind the projected growth, according to a report by Anadolu Agency.

· 1 min read · language: en
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Anadolu Agency (Turkey)

Nvidia Chief Executive Jensen Huang said the company expects to double its chip sales next year, citing accelerating global investment in artificial intelligence, according to a report by Anadolu Agency.

Huang attributed the projected growth to what he described as rapidly expanding demand for AI infrastructure worldwide, the report said.

Nvidia, a leading maker of chips used in AI systems, has seen its business grow substantially in recent years as companies and governments have increased spending on artificial intelligence technology.

Further details on the specific figures behind Huang's projection, including current sales levels or the timeframe referenced, were not immediately available in the report.

The comments from Huang come amid continued industry-wide focus on the pace of AI adoption and its implications for semiconductor demand.

Sources

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

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