Nvidia's chief executive predicted the company would have about $1 trillion in revenue over the next two years driven primarily by AI chip revenue.
The Financial Times reported that Jensen Huang made the bold revenue prediction on Monday. Huang cited the adoption of AI tools such as Anthropic's Claude Code and OpenAI's OpenClaw.
"Right now where I stand...I see through 2027 at least $1tn," Huang predicted according to the times.
Tuesday morning Huang reiterated his forecast in an interview with CNBC. Huang said that the company had high confidence that its Blackwell and Rubin systems alone will hit $1 trillion in revenue by the end of 2027.
"We still have 21 more months of new orders coming in. We still have all of the other things that Nvidia sells. And so, I just wanted to give everybody a baseline," he said. "The ecosystem needs to know directionally where Nvidia is going."
"Our growth is accelerating at a larger scale," Huang said.
The Financial Times noted that Huang's prediction was well above Wall Street forecasts for the company. The newspaper cited CapitalIQ's forecast of $835 billion for Nvidia's 2027 and 2028 fiscal years as a typical example.
The newspaper reported that while some on Wall Street are skeptical of AI's capacity to provide a return on the substantial investments being made in the technology, Huang and Nvidia appear to be expecting the AI boom to continue and even expand.
