Nvidia's Huang bets AI market hits trillions by 2030, powered by data centers
Nvidia CEO Jensen Huang reiterated a $3–$4 trillion AI market forecast for 2030 at Goldman Sachs' conference, arguing AI will create a new computing layer beyond Moore's law and drive a massive industry. Nvidia posted a strong quarter, topping expectations with adjusted EPS of $2.22 on $96.2B in revenue, with Data Center revenue at $89B and Edge computing at $7.2B; the company sees about 70% revenue growth in fiscal 2028, though memory-chip shortages temper gains. CoreWeave remains a key customer and Nvidia stakeholder (11.5% stake), underscoring the AI ecosystem's rapid expansion.
