Will Nvidia Be the First Company to Generate $1 Trillion in Annual Revenue? CEO Jensen Huang Shares Bold Projections for 2030

Nvidia expects artificial intelligence spending to increase at an impressive rate over the next few years.Nvidia (NVDA -2.78%) CEO and co-founder Jensen Huang made some jaw-dropping claims during the company's Q2 earnings call. Chief among them was the projection that a $3 trillion to $4 trillion artificial intelligence (AI) infrastructure opportunity will emerge by 2030. Considering the top four AI hyperscalers are spending about $600 billion annually, according to Huang, that's a massive increase for the ...