Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang expects the company to double its chip sales in the coming year.
“I expect Nvidia to sell twice as many chips as this next year as we do this year,” Huang said at a summit with King Charles III in Scotland on Thursday, CNBC reported. He attributed this expected growth to rising demand for AI across sectors and economies. “You can see that in almost every single country that we’re in, people want to invest in AI,” he said.
Nvidia does not disclose its total chip sales volume. In the GTC October 2025 Keynote, Huang reported that Nvidia had shipped 6 million Blackwell GPUs in the four quarters.
The Nvidia CEO, alongside representatives from Alphabet Inc.‘s Google (NASDAQ:GOOG) (NASDAQ:GOOG), DeepMind, OpenAI and Anthropic, attended the U.K. summit to discuss AI safety, an issue that has drawn growing attention amid concerns over humanity’s ability to control increasingly advanced AI.
Huang, who has acknowledged AI safety issues but pushed back on a broader slowdown call, said, "When a product is not safe, we should hold it back and keep engineering it."
Huang Sees AI Spending Surge Ahead
Earlier this month, Huang described Nvidia as the ‘World’s First and Only Growth Value Stock’, positioning its expanding AI platform, broad customer base, and infrastructure partnerships to capture the next phase of global AI spending. He anticipates AI infrastructure spending to reach $3 trillion to $4 trillion by 2030.
Huang’s comments follow Nvidia CFO Colette Kress’s projection of approximately 70% revenue growth for the fiscal year ending January 2028, as discussed during the company’s Q2 earnings call.
Earlier this month, Huang emphasized the value of AI computing hardware as a financeable asset. He noted that the rental prices for Nvidia’s older H100 GPUs continue to climb, reinforcing his view that ‘NVIDIA compute is fungible, durable and highly rentable’.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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