NVIDIA Projects Chip Sales to Double by 2027
NVIDIA CEO Jensen Huang announced at a tech gathering that the company expects chip sales to double in 2027 compared to 2026, driven primarily by its new Vera Rubin platform. The per-gigawatt revenue opportunity for this product is projected to reach $40 billion, up from Blackwell’s $25 billion. Huang emphasized AI safety and noted that the company's supply obligations have risen sharply due to increased demand. NVIDIA has mobilized over $279 billion in supply commitments tied largely to memory procurement for Vera Rubin. Partners such as Apollo, BlackRock, Goldman Sachs, and others are facilitating more than $500 billion of third-party capital for AI infrastructure development. Analysts have significantly revised their earnings estimates upward, with fiscal 2028 EPS now expected at $16 from a previous estimate of $13. The company's strong growth trajectory is reflected in its financial performance and market response; shares rose by 2% following the announcement.
