Nvidia CEO Jensen Huang: ‘We stopped thinking of ourselves as a chip company long ago', company now aims….
Nvidia CEO
Jensen Huang has said that after
artificial intelligence
(AI), the chipmaker's next major business opportunity will be robotics. Speaking at the company's annual shareholder meeting, Huang said both AI and robotics represent what he believes a 'multitrillion-dollar growth opportunity'. 'We have many growth opportunities across our company, with AI and robotics the two largest, representing a multitrillion-dollar growth opportunity,' Huang said during the conference. Nvidia's robotics division has seen fast growth in the past. Currently making up just 1% of Nvidia's total revenue, the revenue brought in $567 million last quarter – a steep 72% rise from the previous year.
'We're working towards a day where there will be billions of robots, hundreds of millions of autonomous vehicles, and hundreds of thousands of robotic factories that can be powered by Nvidia technology,' Huang said.
We stopped thinking ourself as a chip company: Nvidia CEO
Huang also emphasized a shift in how the company sees itself. 'We stopped thinking of ourselves as a chip company long ago,' he said, adding that Nvidia is now focused on being an 'AI infrastructure' and 'computing platform' provider.
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Self driving cars to be first commerce use of Nvidia's robotics technology: Jensen Huang
During the annual shareholder meeting, Huang said that Nvidia's chips will be key not just for AI training, but also for software and hardware use in autonomous vehicles and robots. He named self-driving cars as the first major commercial use of Nvidia's robotics technology. Nvidia's Drive platform, a suite of chips and software for autonomous cars, is currently being used by Mercedes-Benz.
The chipmaker recently introduced Cosmos, a line of AI models designed for humanoid robots.
In a related news, Nvidia has surpassed Microsoft and Apple to become the world's most valuable company with a market cap of around $3.75 trillion. The company has rebounded strongly since a market dip earlier this year, which was caused by concerns about competition from China's DeepSeek AI.
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