Nvidia signaled that demand for its artificial intelligence processors could generate at least $1 trillion in revenue by 2027, as the chipmaker ramps up efforts to capture a larger share of the rapidly expanding market for real-time AI computing.
The updated projection marks a sharp increase from the roughly $500 billion opportunity through 2026 that the company previously outlined for its Blackwell AI chips and Rubin AI chips during its February earnings discussion, underscoring growing expectations for sustained demand.
CEO Jensen Huang unveiled a new central processor and an AI system built on technology from Groq at its annual GTC developer conference in California.
