Chip manufacturer Nvidia’s chief executive, Jensen Huang, delivered a forecast of $1 trillion in revenue from chips over the next two years on Monday.
The figure is based on sales projections for chips built on its AI-focused Blackwell and Vera Rubin architectures, and was announced at the company’s annual product showcase, GTC, in San Jose.
The prediction is significantly higher than analyst forecasts, which total around $835 billion across fiscal years 2027 and 2028, according to Capital IQ. The news has had little impact on the company’s stock price, however, which is up just 0.43 per cent over the past five days of trading at time of publication.
Nvidia also announced a series of new tools and updates at the conference, including a set of tools for AI assistants based on open source agentic AI software OpenClaw and new computing racks designed to power agents. Huang called OpenClaw the “operating system for personal AI”, likening it to the Windows or macOS operating systems’ importance to personal computing.
The other major announcement from Huang was a new chip type, the Groq 3 “language processing unit”, which is designed for low-latency token production in AI racks.
Achieving $1 trillion in revenue over two years would require a significant jump from its 2026 financial year, which Nvidia says totalled $215.9 billion – itself a 65 per cent increase from 2025. However, the company has already signed contracts for future purchases worth billions with tech giants including Meta, helping to bolster sales.
