NVIDIA
Jensen Huang says Nvidia will grow 70%. He’s not wrong.
Jensen Huang is a founder, CEO, and (apparently) psychic.
Last week, Huang took the stage at Goldman Sachs Communacopia + Technology Conference to make a bold claim. Nvidia’s revenue would grow 70% next year, bringing the company’s top line to $680 billion.
Now, it’s common practice to gas up your brand in the land of Silicon Valley. But that’s not what’s happening here. Huang gave those same numbers to his investors last month. And he’s got the receipts to back it up.
Why Huang’s betting big:
70%: The projected annual revenue growth, which would push Nvidia to ~$680 billion.
$1 to $100: The return ratio Huang claims on Nvidia's investments.
$400 billion: Nvidia's expected revenue this fiscal year.
The shovel seller's advantage
All the major AI labs (Anthropic, OpenAI, Google) currently rely on Nvidia, even as some race to build their own chips. So Huang's claims of industry domination aren't that far off.
Plus Neoclouds, OEMs, hyperscalers, and AI-native startups all funnel data back to the company. This gives Nvidia a real-time map of where AI money and infrastructure are actually flowing.
So yes, critics call his investment deals circular. But Huang shrugs them off.
Haters will always hate the guy selling shovels in the AI gold rush.
Dang. Okay, that’s a flex. -TL