Nvidia's market cap surpassed $3 trillion, driven by staggering demand for its AI chips, notably the Blackwell chip, showing a robust growth trajectory.
Huang stated the demand for Nvidia's Blackwell AI chip is 'insane' and that they expect to ship enough chips to generate billions in revenue.
Despite Nvidia's impressive performance, CEO Jensen Huang expressed concern about demand, stressing the weight of responsibility as 'everybody is counting on us'.
Nvidia continues to secure major clients like Amazon, Meta, Microsoft, and Google, which collectively contribute over 40% of the company's revenue, fueling substantial growth.
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