Huang Renxun's confidence soars, maintaining the forecast of trillions of dollars in revenue.
NVIDIA CEO Jensen Huang stated that his previous day's forecast of $1 trillion in sales of the company's artificial intelligence chips did not cover all of its products, and indicated that total revenue would exceed this level as the company enters new markets. Huang made the remarks at a company event in San Jose, California, saying that the company expects to complete, invoice, and deliver over $1 trillion in business. He told analysts and investors present that NVIDIA has "strong confidence" in "over $1 trillion." Just less than a day before, Huang had predicted that NVIDIA's flagship artificial intelligence processors would help achieve $1 trillion in sales by 2027, and said that computational demand had "increased by one million times" in the past two years. Influenced by this news, the company's stock price rose 4.8% at one point, then stabilized, remaining relatively flat on Tuesday.
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