Nvidia chief confident the company’s chip sales will double next year

In its last quarterly earnings call, NVIDIA announced in an unusual way It expects revenue to grow 70% to $673 billion in the next fiscal year, and separately noted that revenue could have grown even more if not for the chip shortage. This week, company founder Jensen Huang expressed confidence that Nvidia’s chip sales next year will double this year’s.

Image source: NVIDIA

Statement from the company’s CEO did Before meeting the British monarch Charles III in Scotland: “I expect Nvidia’s chip sales next year will be twice what they were this year. The reason is that artificial intelligence has made a huge contribution to the benefit of various industries and economies, and we see this in almost every country that wants to invest in artificial intelligence.”.

Nvidia’s official reports do not include data on the number of chips sold in physical terms because the company operates based on financial metrics. Management provides physical data only occasionally. Last fall, Huang admitted that Nvidia had sold 6 million Blackwell-generation chips in four quarters. It should not be forgotten that the company not only supplies GPUs, but also CPUs, as well as various network components and even chips used in Nintendo game consoles, robotic products and automotive electronics. Jen-Hsun Huang arrived in the UK this week to discuss artificial intelligence security issues with executives from Google DeepMind, OpenAI and Anthropic. “When a product is unsafe, we have to contain it and continue to develop it,” ——The head of Nvidia elaborated on his attitude towards artificial intelligence security issues.