Nvidia CEO Jensen Huang said last week in Scotland that the company’s chip sales could double next year, as demand for its data center chips outstrips supply amid record spending by technology giants racing for AI supremacy. Nvidia supplies GPUs used in AI training and inference workloads. The company was worth $360 billion when the AI boom began gathering momentum in early 2023, and its market capitalization reached $5.3 trillion at the close of trading last Friday. Its Blackwell Ultra architecture underpins the GB300 GPU, while Nvidia has begun shipping the Vera Rubin data center system, which includes the Rubin GPU, Vera CPU, and upgraded networking components. Huang said every frontier AI company planned to adopt Vera Rubin at launch. Nvidia is on track to deliver around $411 billion in total revenue during its current 2027 fiscal year, which ends on Jan. 31, 2027, based on Wall Street’s average estimate.