Will Nvidia Be the First Company to Generate $1 Trillion in Annual Revenue? CEO Jensen Huang Shares Bold Projections for 2030

Nvidia (NASDAQ: NVDA) CEO and co-founder Jensen Huang made some jaw-dropping claims during the company's Q2 earnings call. Chief among them was the projection that a $3 trillion to $4 trillion artificial intelligence (AI) infrastructure opportunity will emerge by 2030. Considering the top four AI hyperscalers are spending about $600 billion annually, according to Huang, that's a massive increase for the remainder of this decade.Nvidia captures a significant portion of that spending with the company generating $147 billion in data center revenue over the past four quarters. That figure should clear $182 billion for fiscal 2026, so as much as three out of every 10 spent by the top AI hyperscalers is allocated to Nvidia's hardware.Even on the low end of Nvidia's guidance range, it could approach $1 trillion in revenue by 2030 if its share of AI spending holds (or increases). While no companies currently generate $1 trillion in revenue, there are several that are far closer to the $1 trillion mark than Nvidia. Can it be the first?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool