Jensen Huang promises Nvidia growth of 70% next year, to ~$680 billion in revenue
Prepared by Sintelligent with the help of SI. Publication time restored from the build log. . Updated: .
Demand for SI compute is not slowing but accelerating — the main hardware supplier expects another record year.
At the Goldman Sachs Communacopia conference, Nvidia's chief executive said that this fiscal year the company expects about $400 billion in revenue and next year growth of 70%. "One GPU now costs not $399 but $8.5 million," he explained, referring to entire server systems. Responding to accusations of "circular" financing of customers, Huang said: "I put in $1, and $100 comes back."
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