Jensen Huang, CEO of Nvidia, is seen on stage subsequent to a small robotic through the Viva Know-how convention devoted to innovation and startups at Porte de Versailles exhibition middle in Paris, France, on June 11, 2025.
Gonzalo Fuentes | Reuters
Nvidia CEO Jensen Huang mentioned aside from synthetic intelligence, robotics represents the chipmaker’s largest marketplace for potential progress, and that self-driving automobiles can be the primary main industrial utility for the know-how.
“We have now many progress alternatives throughout our firm, with AI and robotics the 2 largest, representing a multitrillion-dollar progress alternative,” Huang mentioned Wednesday at Nvidia’s annual shareholders assembly, in response to a query from an attendee.
A bit greater than a 12 months in the past, Nvidia modified the way in which it reported its enterprise models to group each its automotive and robotics divisions into the identical line merchandise. In Could, Nvidia mentioned the enterprise unit had $567 million in quarterly gross sales, or about 1% of the corporate’s whole income. Automotive and robotics was up 72% on an annual foundation.
Nvidia’s gross sales have been surging over the previous three years resulting from unyielding demand for the corporate’s knowledge middle graphics processing models, or GPUs, that are used to construct and function refined AI functions similar to OpenAI’s ChatGPT. Whole gross sales have soared from about $27 billion in its fiscal 2023 to $130.5 billion final 12 months, and analysts predict almost $200 billion in gross sales this 12 months, in accordance with LSEG.
The inventory climbed to a report on Wednesday, lifting Nvidia’s market cap to about $3.75 trillion, placing it simply forward of Microsoft as essentially the most helpful firm on this planet.
Whereas robotics stays comparatively small for Nvidia in the mean time, Huang mentioned functions would require the corporate’s knowledge middle AI chips to coach the software program in addition to different chips put in in self-driving automobiles and robots.
Huang highlighted Nvidia’s Drive platform of chips, and software program for self-driving automobiles, which Mercedes-Benz is utilizing. He additionally mentioned the corporate not too long ago launched AI fashions for humanoid robots known as Cosmos.
“We’re working in the direction of a day the place there shall be billions of robots, a whole bunch of tens of millions of autonomous automobiles, and a whole bunch of hundreds of robotic factories that may be powered by Nvidia know-how,” Huang mentioned.
Nvidia has more and more been providing extra complementary know-how alongside its AI chips, together with software program, a cloud service and networking chips to tie AI accelerators collectively. Huang mentioned Nvidia’s model is evolving, and that it is higher described as an “AI infrastructure” or “computing platform” supplier.
“We stopped pondering of ourselves as a chip firm way back,” Huang mentioned.
On the annual assembly, shareholders accepted the corporate’s govt compensation plan and reelected all 13 board members. Exterior shareholder proposals to provide a extra detailed range report and alter shareholder assembly process didn’t go.
