Nvidia CEO Jensen Huang expects chip sales could double
CEO Jensen Huang said on a U.K. trip that he expects Nvidia to sell “twice as many” chips next year, Barron’s reports.
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CEO Jensen Huang said on a U.K. trip that he expects Nvidia to sell “twice as many” chips next year, Barron’s reports.
Jensen Huang expects Nvidia to sell roughly twice as many chips next year as this year, signaling AI demand remains strong.
Nvidia reported fiscal second-quarter revenue of $96.22 billion, above the $92.11 billion estimate, with adjusted EPS of $2.22 versus $2.09 expected and third-quarter revenue guidance of $108 billion.
U.S. stocks ended the week mixed as Nvidia’s record results and revenue outlook revived tech sentiment, while stronger inflation data and comments from Kevin Warsh kept September rate-hike expectations in focus.