Tuesday, 02 January 2024 12:17 GMT

Nvidia Projects Trillion-Dollar Opportunity in AI Chips by 2027


(MENAFN) Nvidia CEO Jensen Huang stated on Monday that the company’s artificial intelligence chips could generate at least $1 trillion in revenue by 2027.

"Right here where I stand, I see through 2027, at least $1 trillion," Huang said during a conference in California. He also noted that computing demand is expected to be "much higher than that."

Huang highlighted that Nvidia’s AI ecosystem now encompasses both digital and physical applications, ranging from OpenClaw-powered personal AI assistants to autonomous robots and robotaxis, while also covering enterprise and edge computing solutions.

“The inference inflection has arrived,” he said, emphasizing that the need for AI computing power continues to grow rapidly as businesses expand their artificial intelligence initiatives, according to reports.

MENAFN17032026000045017640ID1110870955



MENAFN

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search