By Kayode Omotosho
Publication Date: 2026-03-17 01:22:00
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) jumped 3.8% in the afternoon session after CEO Jensen Huang revealed at the company’s annual developer conference that purchase orders for the Blackwell and Vera Rubin architectures are expected to hit $1 trillion through 2027.
This staggering forecast effectively doubles the $500 billion revenue opportunity projected the previous year, signaling an unprecedented acceleration in AI infrastructure investment. Finance chief Colette Kress reinforced this bullish outlook, noting that current growth was already exceeding previous estimates. With demand booming across startups and major corporations, Nvidia is solidifying its position as the indispensable backbone of the modern tech economy.
The shares closed the day at $183.27, up 1.7% from previous close.
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Nvidia’s shares are somewhat volatile and have had 11 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
The previous big move we wrote about was 18 days ago when the stock dropped 4.3% on the news that it reversed initial post-earnings gains as investors digested its stellar fourth-quarter report. Nvidia reported another quarter of significant growth, with revenue climbing 73.2% year-on-year to…