Nvidia CEO Jensen Huang surprised investors with a ‘half a trillion’ forecast. It’ll come up at e…

Explore the latest developments concerning Nvidia CEO Jensen.

Nvidia CEO Jensen Huang surprised investors with a 'half a trillion' forecast. It'll come up at earnings

Nvidia CEO Jensen Huang revealed in October that his company has $500 billion in orders, in 2025 and 2026 combined, for its chips that are at the heart of the artificial intelligence boom.

For a company that has seen its quarterly revenue grow nearly 600% over the past four years, Huang's statement was a sign that Nvidia is confident of another year of strong — but slowing — growth for its next cycle of chips, implying that the AI boom still has room to run.

"This is how much business is on the books. Half a trillion dollars worth so far," Huang said at the company's GTC conference in Washington.

Nvidia Shares May Plunge After Results (NASDAQ:NVDA)

Nvidia (NVDA) will report results after the close of trading on November 19, and is expected to show revenue growth of 56.4% to $54.9 billion, and earnings growth of 54.1% to $1.25 per share. Unfortunately, it won't really matter for the stock's post-earnings move.

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