The AI wave is far from cresting—and Nvidia CEO Jensen Huang has no doubt this is just the tip of the iceberg.

Addressing this week, Huang used a “new industrial era” to characterize the AI revolution and forecast that the market might develop into a $3–4 trillion opportunity over the course of this decade. His message for investors and technology buffs alike was unequivocal: the AI boom is not yet over.

Why Nvidia Stands at the Center of AI

Nvidia has emerged as the backbone of the AI sector, with its sophisticated chips driving everything from data centers to new-generation applications. Large tech behemoths Microsoft and Amazon are heavily investing, with data center spending of more than $600 billion planned this year alone.

As Huang explains, a single $60 billion data center can mean around $35 billion in Nvidia chip sales—a testament to how much the company reaps from this enormous digital shift.

A Small Dip, But Big Confidence

Despite Nvidia’s stock falling 1.56% in premarket trading after a weaker-than-expected sales projection, Huang is optimistic. The conservative forecast mostly owes to uncertainty surrounding China on account of U.S. trade restriction, but Nvidia’s demand elsewhere is robust.

For instance, one outside China recently purchased $650 million of Nvidia’s H20 chip, initially intended for the restricted Chinese market.

Demand Still Surging

Nvidia’s newest Blackwell processors are already sold out through 2026, and even older Hopper chips continue to see strong sales. In fact, Nvidia’s profits have outpaced Apple in recent quarters—a remarkable feat for a chipmaker.

Some experts, including OpenAI’s Sam Altman, have warned that investors may be “overexcited” about AI. But Huang and market analysts believe we’re still at the early stages of a global AI transformation.

As Thomas Martin of Globalt Investments put it:

“When you see hyperscalers spending billions, it’s clear we’re only at the beginning of the AI boom.”

The Bottom Line

Jensen Huang is putting his money on the future of AI—and as of now, Nvidia’s record backs him up. As Huang himself famously quipped:
“The more you buy, the more you grow. Everything is sold out.”