Jensen Huang, CEO of Nvidia, is seen on stage subsequent to a small robotic through the Viva Expertise 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 stated aside from synthetic intelligence, robotics represents the chipmaker’s largest marketplace for potential progress, and that self-driving automobiles could be the primary main business utility for the know-how.
“We’ve got many progress alternatives throughout our firm, with AI and robotics the 2 largest, representing a multitrillion-dollar progress alternative,” Huang stated Wednesday at Nvidia’s annual shareholders assembly, in response to a query from an attendee.
A little bit greater than a yr 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 stated the enterprise unit had $567 million in quarterly gross sales, or about 1% of the corporate’s complete 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 purposes corresponding to OpenAI’s ChatGPT. Whole gross sales have soared from about $27 billion in its fiscal 2023 to $130.5 billion final yr, and analysts predict practically $200 billion in gross sales this yr, in accordance with LSEG.
The inventory climbed to a file on Wednesday, lifting Nvidia’s market cap to about $3.75 trillion, placing it simply forward of Microsoft as essentially the most useful firm on the earth.
Whereas robotics stays comparatively small for Nvidia in the meanwhile, Huang stated purposes 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 stated the corporate lately launched AI fashions for humanoid robots referred to as Cosmos.
“We’re working in direction of a day the place there will probably be billions of robots, lots of of tens of millions of autonomous automobiles, and lots of of hundreds of robotic factories that may be powered by Nvidia know-how,” Huang stated.
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 stated Nvidia’s model is evolving, and that it is higher described as an “AI infrastructure” or “computing platform” supplier.
“We stopped considering of ourselves as a chip firm way back,” Huang stated.
On the annual assembly, shareholders authorized the corporate’s govt compensation plan and reelected all 13 board members. Exterior shareholder proposals to supply a extra detailed range report and alter shareholder assembly process didn’t move.
