Nvidia Corporation Chief Executive Jensen Huang predicted on Monday that the company's revenue in the fiscal year 2027 will surpass $1 trillion.
Speaking at Nvidia's GPU Technology Conference (GTC) in San Jose, California, Huang explained that he based his forecast on growing demand for computing, as well as for the company's artificial intelligence (AI) chips. He added that, in computing, that 60% of the company's business came from hyperscalers, and 40% from other operations.
Nvidia's full-year revenue in its fiscal year 2026, which concluded recently, reached $215.9 billion, rising by 65% compared to the previous 12-month period.
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