Nvidia’s Huang expects to sell twice as many chips next year
Jensen Huang told reporters at King Charles III’s AI summit in Scotland that he expects to sell twice as many chips in the coming year. Nvidia’s own August guidance was 70% revenue growth, with a doubling described as what the company could reach if it had enough supply.
Jensen Huang expects to sell twice as many chips in the coming year, he told reporters at an event convened by King Charles III in Scotland, Bloomberg reported. He put it down to AI spreading across industries.
That is a larger number than his own company has guided to.
Last month Nvidia forecast 70% revenue growth for its next fiscal year. Finance chief Colette Kress said the company was supply constrained, and that revenue could double if it were not.
Units and revenue are different measures, and the distance between the two is the story.
Nvidia posted $96.2B in revenue for...
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