Jensen Huang explains why Nvidia will grow 70% next year
Nvidia CEO Jensen Huang outlines growth drivers at Goldman Sachs 2026 conference, citing 27% monthly sales growth for the Grace-Blackwell system.
Stock photo for illustration only, not from the actual event
- Nvidia CEO Jensen Huang projects strong growth momentum through next year.
- The company faces rising GPU competition from hyperscalers and AI labs.
- Orders for the 36 Grace and 72 Blackwell system show 27% monthly growth.
Speaking at the Goldman Sachs Communacopia + Technology conference on Thursday, September 10, 2026, Nvidia founder and CEO Jensen Huang detailed why his company's artificial intelligence dominance and revenues are poised to sustain their record-breaking trajectory through the end of next year, despite mounting market competition.
Nvidia has faced intense scrutiny regarding whether its market dominance will wane amid intensifying competition for GPUs and AI chips from all directions. Challengers include hyperscalers such as Amazon, Microsoft, and Google, AI labs like Anthropic and OpenAI developing in-house chips, newly public competitor Cerebras, and emerging startups like Etched.
Stock photo for illustration only, not from the actual event
To underscore his confidence, Huang highlighted robust product demand, noting that orders for a single computer system combining 36 Grace CPUs with 72 Blackwell GPUs are currently experiencing a 27% month-to-month sales growth rate, demonstrating sustained enterprise appetite for high-end computing architecture.
"His company is so embedded in every area of AI that he believes he can see the future."
Jensen Huang
Huang explained his optimistic outlook by emphasizing that Nvidia's operational footprint extends comprehensively across the entire ecosystem, reaching from memory chip suppliers all the way down to data center infrastructure projects and nascent startups.
Huang's remarks naturally invited scrutiny regarding Nvidia's so-called circular deals, where the company invests in entities that subsequently purchase its hardware. While critics note historical parallels to past telecom build-out cycles involving suppliers like Lucent Technologies, Nvidia currently maintains pervasive market integration across multiple sectors as it prepares for another robust fiscal year.
Source: TechCrunch
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