On March 12, as the biggest beneficiary of artificial intelligence, NVIDIA has already started to amass a substantial profit, but this is just the beginning.
It's projected that by 2026, NVIDIA will achieve revenues up to $130 billion, which is five times higher than in the fiscal year 2023 (almost a $100 billion increase from 2021), positioning NVIDIA to dominate the next generation of AI computing market.
NVIDIA seems set to earn $300 billion in revenue from AI-driven sales before 2027, significantly boosting its already massive market value.
NVIDIA is expected to generate a staggering $87 billion in revenue from its data center GPUs this year, marking a remarkable 150% year-over-year growth.
Due to its substantial lead in the market, Huang Renxun remarked in an interview that NVIDIA's GPUs are "excellent," asserting that even if competitors were to offer AI chips for free, they still wouldn't be competitive with NVIDIA's GPUs, as they are not cost-effective enough.
Huang Renxun went on to explain that, in terms of the total cost of ownership (TCO) for AI data centers, the pricing of NVIDIA's GPUs is not a decisive factor.
