Speaking at the Goldman Sachs Communacopia + Technology conference, Nvidia CEO Jensen Huang said, "I think we could grow 70% year over year. We're confident about that," TechCrunch reported on September 10. Analysts expect about $400 billion of revenue for the current fiscal year, which at 70% growth implies roughly $680 billion.
He said orders for a system pairing 36 Grace CPUs with 72 Blackwell GPUs were rising 27% month over month, that one such system costs about $8.5 million, and that he had seen $100 billion in customer contracts supporting Nvidia's investments. "Nvidia runs every model. Every single lab can use us," he said, adding that Nvidia invests only after a company has real customer revenue contracts, which he framed as a response to "circular" deal criticism.
Source: TechCrunch