Nvidia CEO predicts chip sales will double next year amid AI demand

Sep 17, 2026

AI Summary

Nvidia's CEO Jensen Huang announced that the company expects to double its chip sales in the coming year, driven by increasing demand for AI technologies. This forecast follows a projection of 70% growth for the fiscal year ending January 2028, highlighting Nvidia's significant role in the AI sector.

Jensen Huang, CEO of Nvidia, stated the company will sell twice as many chips next year compared to this year.
This forecast indicates ongoing growth for Nvidia over the next six quarters, with an expected 70% growth in revenue for the fiscal year ending January 2028, amounting to approximately $673 billion.
Nvidia is known for its data center GPUs, including the Blackwell and Rubin chips, but also produces a variety of other semiconductors such as CPUs and chips for networking and gaming consoles.
Huang made these comments during a summit in the U.K. focused on AI safety, attended by representatives from Google DeepMind, OpenAI, and Anthropic.
He emphasized the importance of ensuring AI products are safe and suggested that unsafe products should be held back for further engineering.

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Nvidia CEO predicts chip sales will double next year amid AI demand

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