Nvidia CEO Jensen Huang is focusing on making the company’s next-generation Blackwell chips its biggest revenue driver to date.
Speaking to Yahoo Finance at the Consumer Electronics Show (CES) in Las Vegas on Tuesday, the 61-year-old tech leader emphasized, “We’re racing to get Blackwells into every data center in the world.”
Huang anticipates that revenue from the Blackwell chips will surpass sales of Nvidia’s previous-generation Hopper chips by early 2025. Analysts predict that Nvidia’s data center business will continue to experience significant growth, fueled by the rollout of Blackwell. In the last quarter, nearly 90% of Nvidia’s revenue came from its data center segment.
The company is currently scaling up production of its powerful Blackwell chips for AI applications and expects billions in sales for the upcoming fourth quarter alone. Nvidia reported fourth-quarter revenue of $35.1 billion, with projections for further growth in the coming year.
At CES, Huang also discussed emerging opportunities in robotics and self-driving vehicles, areas he believes will drive significant computing advancements. He pointed out that Nvidia’s autonomous driving technology already generates $5 billion in annual revenue, with even more potential on the horizon.
“If it’s already a $5 billion business for us, imagine how big it’s going to be when we have 100 million new self-driving cars per year,” Huang said. He further predicted that these sectors could become two of the largest computing industries globally.
During his CES appearance, Huang also announced Nvidia’s new partnerships with Toyota and Aurora Innovation, an autonomous trucking company. Both companies will use Nvidia’s specialized chips for their self-driving vehicle systems. Nvidia’s latest DRIVE Thor chip, designed for autonomous driving, is based on the Blackwell AI architecture. Following the announcement, Aurora’s stock surged over 30%, while Nvidia’s stock, which opened at a record high, fell more than 5% in afternoon trading.
Although the company’s Automotive and Robotics segments are growing rapidly, they still represent a smaller portion of Nvidia’s total revenue. In Q3, these divisions generated $449 million compared to the $30.8 billion from the Data Center segment.
At CES, Nvidia also revealed the GB10, a compact AI superchip as part of its Project DIGITS initiative. The new supercomputer, designed for developers, researchers, and students, will be small enough to fit on a desk and is priced at $3,000, with availability set for May.
Huang noted that Nvidia’s AI journey, which began in the cloud, is now expanding to personal computers, with the company aiming to make its AI technology accessible across various platforms to meet diverse user needs.
