Nvidia CEO Foresees $4 Trillion AI Market Amid Sustained Chip Demand
Nvidia CEO Jensen Huang asserts the AI industry remains in its infancy, projecting $3-$4 trillion in infrastructure spending by 2030. Hyperscalers like Microsoft and Amazon continue driving demand, with Nvidia's Hopper and Blackwell chips allocated through 2026.
Despite pre-market share declines, Nvidia's earnings beat expectations as energy-efficient processors maintain cyclical demand. The semiconductor giant positions itself as the backbone of AI's compute-intensive future.