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Nvidia forecasts 70% revenue growth next year, driven by AI chip demand and broad industry adoption.

Market News
11 Sep 2026, 00:51 WIB
TechCrunch
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Bullish
Nvidia forecasts 70% revenue growth next year, driven by AI chip demand and broad industry adoption.

Nvidia CEO Jensen Huang announced at a Goldman Sachs conference that the company expects its revenue to grow by 70% year-over-year next year, potentially reaching around $680 billion. This bullish outlook is supported by strong demand for Nvidia's advanced AI chips, including high-performance GPUs used by major AI labs and cloud providers. Huang emphasized Nvidia's deep integration across the AI ecosystem, from suppliers to startups, making it a foundational platform in AI development. Despite rising competition, Nvidia's extensive contracts and partnerships give it confidence in sustained growth through 2025.

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