# Jensen Huang explains why Nvidia will grow an astounding 70% next year

- URL: https://talkfuse.com/story/jensen-huang-explains-why-nvidia-will-grow-an-astounding-70-next-year/
- Published: 2026-09-10T21:51:59+00:00
- Updated: 2026-09-10T22:12:38+00:00
- Original publisher: TechCrunch
- Original article: https://techcrunch.com/2026/09/10/jensen-huang-explains-why-nvidia-will-grow-an-astounding-70-next-year/
- Topics: Software

## Key points

- Huang forecasts Nvidia revenue will grow roughly 70% next year
- Current fiscal year revenue expected around $400bn, rising to ~$680bn
- Huang says Nvidia's ecosystem-wide reach lets it predict industry demand

## Summary

Nvidia CEO Jensen Huang has reiterated his forecast that the chipmaker's revenue will grow by around 70% next year, telling attendees at the Goldman Sachs Communicopia + Technology conference that the company's dominant position across the entire AI industry gives him confidence in that outlook. His comments come amid persistent scepticism about whether Nvidia's extraordinary growth can continue as hyperscalers such as Amazon, Microsoft and Google, AI labs including Anthropic and OpenAI, and rivals like Cerebras and Etched all develop their own chips.

Analysts expect Nvidia to finish its current fiscal year with roughly $400 billion in revenue, meaning 70% growth would take it to around $680 billion. Huang argued that Nvidia's reach extends across the whole AI ecosystem, from suppliers to data centres and start-ups, and that every major AI lab uses its chips, giving the company unique visibility into industry demand. He also pointed to strong sales momentum, including 27% month-on-month growth for one flagship server system, and dismissed concerns over so-called "circular deals" — where Nvidia invests in firms that then buy its products — saying the arrangement returns far more money than it puts in.

---
Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.