Jensen Huang: Nvidia Will Sell Twice as Many Chips Next Year
Summary
- • Nvidia CEO Jensen Huang forecasts company will double chip units sold in 2027
- • Nvidia separately projects ~$673B revenue in FY2028, representing ~70% growth
- • Huang spoke at UK AI safety summit with King Charles III alongside top AI lab heads
- • Insatiable global AI investment across all industries driving unprecedented chip demand
Details
Nvidia to double chip units sold in 2027 versus 2026
CEO Jensen Huang publicly forecast Nvidia will sell twice as many chips next year. The company does not disclose total unit volumes, so the absolute figure is not public.
~$673B revenue projected for fiscal year ending January 2028
Nvidia previously disclosed an expectation of approximately 70% revenue growth for FY2028 (ending Jan 2028), implying revenues approaching $673 billion — a figure that sent analyst estimates sharply higher.
6 million Blackwell GPUs shipped in four quarters as of late 2025
Huang cited 6 million Blackwell GPUs shipped in four quarters as the baseline production context for interpreting the doubling forecast.
Chip portfolio spans GPUs, CPUs, networking, robotics, and consumer silicon
Nvidia's products include data center GPUs (Blackwell, Rubin), CPUs, switch chips, optical networking chips, laptop chips, Jetson chips for robots and cars, and the chip inside Nintendo's Switch 2.
Forecast made at UK AI safety summit with King Charles III
Huang was at a UK summit with King Charles III alongside representatives from Google DeepMind, OpenAI, and Anthropic to discuss AI safety — the setting for his chip sales projection.
Huang on AI safety: hold back unsafe products rather than ship them
On AI safety, Huang stated: 'When a product is not safe, we should hold it back and keep engineering it,' positioning Nvidia as supportive of responsible deployment standards.
Nvidia CEO chip sales forecast and context from UK AI safety summit, September 2026.
What This Means
Jensen Huang's forecast that Nvidia will double chip sales next year cements the company's trajectory as the central infrastructure supplier for the global AI buildout, and will likely push analyst estimates and investor expectations still higher. Coming alongside a previously disclosed ~$673B revenue target for FY2028, the statement reinforces that AI capital expenditure shows no sign of slowing. The setting is equally notable — a U.K. AI safety summit alongside the leaders of OpenAI, Anthropic, and Google DeepMind — signaling that Huang is positioning Nvidia not just as the engine of AI but as a responsible voice in its governance.
Sentiment
Broadly bullish on sustained AI demand growth, with analysts noting volume vs revenue nuance and supply chain pressure
“He means unit volume across the full chip mix (GPUs, CPUs, networking, Jetson), not revenue. Nvidia does not disclose total shipments. That sits next to the recent outlook of about 70% revenue growth for the fiscal year ending Jan 2028 (about US$673B).”
“$NVDA CEO Jensen Huang just dropped a BIG AI demand signal. Huang said Nvidia expects to sell 2X as many chips next year as this year. That doesn’t necessarily mean 2X revenue, but it highlights the scale of the AI infrastructure buildout.”
“Nvidia expects to double chip sales next year. This isn't just a win for Jensen Huang—it's a massive supply chain warning. Advanced packaging and memory, led by Taiwan, will face unprecedented pressure to keep up.”
“$NVDA 🚨 AI demand is NOT slowing down. Jensen Huang says Nvidia could sell roughly 2X as many chips in 2027. Q2 revenue surged 106%, with Data Center +117%.”
“Jensen Huang says Nvidia will sell twice as many chips next year”
Split
~80/20 positive/nuanced (most emphasize demand strength; minority highlight supply constraints or unit-vs-revenue distinction).