Jensen Huang Predicts 70% Nvidia Revenue Growth
Nvidia CEO Jensen Huang told Goldman Sachs conference attendees he is confident the company will grow revenues by 70% next year, potentially reaching $680 billion. He cited Nvidia's deep integration across the AI ecosystem, from powering models at OpenAI, Anthropic, and Google to tracking every data center project globally.
Huang defended Nvidia's circular investment strategy, claiming $100 returns for every $1 invested, and insisted all portfolio companies hold real customer contracts. Despite growing competition from hyperscalers and AI chip startups, Huang argues Nvidia's scale and partnerships make it the irreplaceable foundation of the AI industry.
