During his keynote on Monday that launched the company’s annual GTC Conference in San Jose, California, Nvidia CEO Jensen Huang shared a multitude of figures — predominantly technical ones.

However, there was one financial statistic that surely caught the attention of investors: his forecast indicating there would be $1 trillion in orders for Nvidia’s Blackwell and Vera Rubin chips, a financial indicator of a flourishing AI market.

About an hour into his address, Huang pointed out that last year Nvidia experienced around $500 billion in demand for its Blackwell and forthcoming Rubin chips up to 2026.

“Now, I don’t know if you guys feel the same way, but $500 billion is an enormous amount of revenue,” he stated. “Well, I’m here to tell you that from where I stand — just a few months post-GTC DC, one year post the last GTC — right here where I am, I foresee through 2027, at least $1 trillion.”

The Rubin computing chip architecture, first unveiled in 2024, has been characterized by Huang as the pinnacle of AI hardware, surpassing its Blackwell predecessor. The company announced in January, when it formally commenced production of Rubin, that it would operate 3.5 times faster than the Blackwell architecture on model-training tasks and 5 times quicker on inference tasks, achieving up to 50 petaflops.

Nvidia has indicated that it anticipates increasing production in the latter part of the year.