Nvidia CEO Jensen Huang shared numerous figures, mainly technical, during his keynote at the company’s annual GTC Conference in San Jose, California. However, one financial figure stood out to investors: his forecast of $1 trillion in orders for Nvidia’s Blackwell and Vera Rubin chips, reflecting a thriving AI market.
About an hour into his keynote, Huang mentioned that last year Nvidia experienced around $500 billion in demand for its Blackwell and upcoming Rubin chips through 2026. He stated, “Now, I don’t know if you guys feel the same way, but $500 billion is an enormous amount of revenue. Well, I’m here to tell you that right now where I stand — a few short months after GTC DC, one year after last GTC — right here where I stand, I see through 2027, at least $1 trillion.”
The Rubin chip architecture, announced in 2024, is described by Huang as state-of-the-art AI hardware that surpasses its Blackwell predecessor. In January, the company mentioned that Rubin would operate 3.5 times faster than Blackwell on model-training tasks and 5 times faster on inference tasks, reaching up to 50 petaflops. Nvidia expects to increase production in the latter half of the year.