By Aaron Teboneras
Publication Date: 2026-03-17 05:22:00
shares Nvidia Corp (NASDAQ: NVDA) rose overnight after the chip giant’s chief executive provided a key update on the artificial intelligence company’s prospects.
At the close of trading, Nvidia shares closed 1.65% higher at $183.22.
The win came after CEO Jensen Huang outlined the extent of the opportunity ahead for the company’s AI processors.
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Nvidia’s CEO outlines huge revenue opportunities in AI
Huang said at the company’s GTC developer conference in San Jose that Nvidia now sees “at least $1 trillion” in potential revenue related to its latest generation of AI chips.
The forecast primarily relates to Nvidia’s new Blackwell and Ruby chip architectures. These are designed for large-scale AI computing and data center workloads.
According to the presentation, the chips are intended to power the next wave of AI infrastructure. This comes as major tech companies continue to invest heavily in…
