During his keynote at the Washington Convention Center, Nvidia CEO Jensen Huang announced that the company expects to reach $500 billion in GPU sales by the end of 2026.
Huang also mentioned that Nvidia is working with the U.S. Department of Energy to develop seven new supercomputers, one of which will use 10,000 Blackwell GPUs.
Following Huang’s speech, Nvidia’s stock hit a new high as President Trump announced he would discuss the chipmaker’s Blackwell AI processors with Chinese leader Xi Jinping. “We’ll be speaking about Blackwells,” Trump stated, praising the chip as “super duper.”
Nvidia’s CEO also announced the company’s partnership with Uber to develop a fleet of autonomous vehicles, as well as an agreement to supply 1,000 GPUs to Eli Lilly. Additionally, Nvidia stated that it is collaborating with Nokia to advance next-generation 6G cellular technology.
Nvidia also announced upcoming collaborations with Palantir and Oracle, as well as telecom partnerships on a wireless 6G development, including Cisco and T-Mobile.
So far in 2025, the company has generated slightly over $100 billion in total revenue during the first two quarters.
By CEO NA Editorial Staff
