Nvidia CEO Jensen Huang is speaking at the GTC 2026 in San Jose, California, about the company’s AI expansion.
Huang said the data center AI opportunity is growing from about half a trillion dollars to more than $1 trillion by 2027. He said that 60% of the company’s business comes from hyperscalers, adding that 40% is everything else, clouds, enterprise, robotics, gaming, supercomputing, etc.
The graphic shows that much of the demand is driven by model builders and AI companies such as Anthropic, xAI, Gemini, and OpenAI.
“We are now a computing platform that runs all of AI,” the CEO said.
The presentation initially sent Nvidia shares up as much as 4.8%, while the Nasdaq also moved higher, but most of those gains have now been erased.
A round trip for Nvidia shares.
Other highlights of Jensen’s presentation include…
Jensen says “computing demand has increased by 1 million times in the last 2 years.” Hints at the current memory shortage created by the AI buildout of data entry.
Watch Jensen live here:
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