This Is Nvidia's Next Trillion-Dollar Opportunity, According to Jensen Huang -- and It's Something You Might be Overlooking
Nvidia (NASDAQ: NVDA) generated more than $44 billion in revenue during its fiscal 2026 first quarter (which ended April 27), with $39.1 billion of that total coming from its data center business alone. The company sells the most powerful graphics processing units (GPUs) in the world for data centers, and they are the chips every artificial intelligence (AI) developer wants to use.Nvidia CEO Jensen Huang thinks AI data center spending will top $1 trillion per year by 2028, but he's eyeing another trillion-dollar opportunity: autonomous vehicles. The company's automotive segment is often overlooked by investors because it contributes a minuscule amount of revenue compared to the data center segment, but that could soon change if Huang's recent forecasts come to fruition.Image source: Nvidia.Continue reading
Nvidia (NASDAQ: NVDA) generated more than $44 billion in revenue during its fiscal 2026 first quarter (which ended April 27), with $39.1 billion of that total coming from its data center business alone. The company sells the most powerful graphics processing units (GPUs) in the world for data centers, and they are the chips every artificial intelligence (AI) developer wants to use.
Nvidia CEO Jensen Huang thinks AI data center spending will top $1 trillion per year by 2028, but he's eyeing another trillion-dollar opportunity: autonomous vehicles. The company's automotive segment is often overlooked by investors because it contributes a minuscule amount of revenue compared to the data center segment, but that could soon change if Huang's recent forecasts come to fruition.
Image source: Nvidia.
