Nvidia CEO Reveals $500 Billion in AI Chip Orders Through 2026 as Company Reports Massive Growth
Summary
Nvidia CEO Jensen Huang announces staggering $500 billion in AI chip orders through 2026 while reporting third-quarter earnings showing 56% year-over-year growth, with the company securing major deals including $10 billion with OpenAI and maintaining dominant 90% market share in AI processors.
Key Points
- Nvidia CEO Jensen Huang reveals the company has $500 billion in orders for 2025 and 2026 combined for AI chips, signaling higher than expected 2026 revenue
- Nvidia reports third-quarter earnings Wednesday with analysts expecting $1.25 earnings per share on $54.9 billion sales, representing 56% year-over-year growth
- The company announces major deals including up to $10 billion investment in OpenAI and $5 billion investment in Intel, while maintaining over 90% market share in AI GPUs