Nvidia chief executive Jensen Huang projects artificial intelligence industry will reach three trillion dollars by decade end

May 21, 2026, 3:15:47 PM UTC(4 hours ago)
Impact: Medium
Nvidia chief executive Jensen Huang projects artificial intelligence industry will reach three trillion dollars by decade end

Affected Assets

  • Speaking with CNBC after Nvidia Q1 earnings release, CEO Jensen Huang stated that global AI compute spending has reached one trillion dollars and is on track to hit three trillion dollars by the end of the decade
  • Huang emphasized that in the new artificial intelligence era, compute capacity directly translates to revenue for enterprises
  • The semiconductor giant is massively expanding its supply chain to meet parabolic demand for its AI chips
  • Nvidia recently reported a blockbuster quarter driven by its data center segment, propelling the company to a market capitalization of approximately 5.2 trillion dollars

Sources

@DeItaoneCNBCCNBC VideoCNBC Daily Open
From:@DeItaone
$NVDA - NVIDIA CEO JENSEN HUANG ON CNBC: AI WILL BE MULTITRILLION-DOLLAR INDUSTRY
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Nvidia chief executive Jensen Huang projects artificial intelligence industry will reach three trillion dollars by decade end | Foxly Invest