It’s safe to say that Nvidia is the company that has benefited the most from the AI boom, and it doesn’t seem to be slowing down development. Recently, it dropped some new tech that could speed up well-known AI models by 53 times. And now, CEO Jensen Huang has been speaking on the demand for AI, and its prospects as a multi-trillion-dollar market within the next five years.

Earlier in the year, Nvidia unveiled its AI roadmap, including next-gen Vera Rubin architecture in the second half of 2026, and beyond that, Feynman. During that keynote, Huang also predicted data center builds will surpass $1 trillion in expenses by 2027, so it’s clear AI development will continue to scale up.

Nvidia believes the AI boom isn’t close to over yet

According to a report from Reuters, Jensen Huang remains positive about the AI boom, suggesting it is far from over while highlighting the size of the market and its growth. “We see $3 trillion to $4 trillion in AI infrastructure spend by the end of the decade,” said the Nvidia CEO, following an earnings report, noting that “a new industrial revolution has started. The AI race is on.”

Some of this growth is forecast partly thanks to an expected $600 billion of spending on data centers from Nvidia’s major customers, including Microsoft and Amazon. Nvidia has seen data center revenue rise by 10x in the past two years, but has been hit in the Chinese market due to previous export restrictions, and even reports of companies ditching Nvidia’s H20 AI chips.

Huang has been reassuring investors in a time when some suggest AI is overhyped. That includes OpenAI CEO Sam Altman, who recently said investors as a whole “are overexcited about AI” in an interview with The Verge. Elon Musk’s xAI has been projected to incur billions of losses this year, driven by operating expenses, according to a report from Bloomberg earlier this year.

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Jack Goodall

At PC Guide, Jack is mostly responsible for reporting on hardware deals. He also specializes in monitors, TVs, and headsets and can be found putting his findings together in a review or best-of guide.