{
  "id": 3691999,
  "title": "The chip king sends a loud message to AI doubters",
  "url": "https://urgent.news/2026/08/27/the-chip-king-sends-a-loud-message-to-ai-doubters",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-27T02:57:08.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/markets/us-stocks/wall-street-guide/nvidias-70-sales-growth-forecast-sends-a-message-to-ai-doubters-what-did-ceo-jensen-huang-say/articleshow/133554571.cms"
  },
  "original_language": "en",
  "account": "Nvidia, the leading chipmaker, is sending a strong signal to skeptics of the AI boom with its latest forecast. In a move aimed at reassuring investors, the company predicted a staggering 70% increase in revenue for the upcoming fiscal year, driven by continued demand for AI computing power. Nvidia's CEO, Jensen Huang, emphasized that artificial intelligence has now reached a stage where it is producing valuable results and yields profitable returns, with compute capabilities driving revenue growth. However, the company's guidance may have been stronger if not for supply chain constraints, as Nvidia faces shortages in key components such as memory, amidst a global shortage fueled by the rapid expansion of AI applications.\n\nThe guidance, which is expected to surpass Wall Street's projections, reflects Nvidia's confidence in the expanding market for AI computing. The company projects revenue growth well above estimates, targeting $673 billion for next year, surpassing the revenue of tech giants like Apple and Alphabet. Huang highlighted the shift in Nvidia's market position, stating that demand for massive AI infrastructure projects is expanding beyond the traditional hyperscaler buyers to a broader range of customers. This shift is significant, as it broadens the customer base and mitigates concerns over dependency on a limited group of large technology companies.\n\nDespite the optimistic outlook, Nvidia's business in China remains a point of uncertainty. While the U.S. government cleared Chinese firms to purchase Nvidia's H200 AI chips in May, deliveries were delayed, and the company did not include China data center revenue in its forecast. Recently, Nvidia started pitching its new Vera CPU to Chinese clients, with a tentative availability by August, amid ongoing discussions with Chinese regulators. These developments underscore the complexities and risks associated with Nvidia's global expansion in the AI hardware market.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}