Nvidia CEO Jensen Huang says company's racing to get next-gen Blackwell chips 'into every data center in the world'

Published On Jan 7, 2025, 3:12 PM

Nvidia's CEO Jensen Huang announced that the company is accelerating the rollout of its new Blackwell chips, which are expected to significantly boost revenue, potentially exceeding that from the previous generation of chips, the Hopper. Nvidia aims to distribute the Blackwell chips across global data centers, a move anticipated to contribute heavily to the company's already thriving data center business. Analysts project a continuation of this growth, attributing almost 90% of Nvidia's revenues to this segment. Additionally, Huang highlighted the company's ventures into robotics and self-driving cars, which are projected to generate substantial future revenue. Despite the positive outlook, Nvidia's stock recently saw a decline after reaching record highs on earnings reports, indicating potential short-term volatility.