Nvidia (NVDA) remains one of the biggest beneficiaries of the artificial intelligence (AI) boom. However, as AI continues to grow, investors are increasingly debating whether the company can maintain its dominance as competitors invest heavily in their own offerings. Recent comments from Nvidia CEO Jensen Huang addressed these concerns. CEO Jensen Huang said that Nvidia expects to double its chip volume next year due to strong AI demand.
“I expect Nvidia to sell twice as many chips as this next year as we do this year,” Huang remarked at a summit. “The reason for that is because AI has so much contribution to the benefits of different industries, different economies, and you can see that in almost every single country that we’re in, people want to invest in AI.”