NVIDIA CEO Jensen Huang highlighted the crucial role of computing power in driving revenue growth and national competitiveness in the global artificial intelligence era. Huang stated that in the AI realm, computing directly translates to revenues, emphasizing the significance of architecture decisions in business outcomes. He underscored the increasing importance of AI infrastructure on a national scale, comparing it to essential utilities like electricity and the Internet.
Huang also mentioned Nvidia’s substantial growth in the Sovereign AI business, which saw a significant increase to over $30 billion, with notable contributions from countries like Canada, France, the Netherlands, Singapore, and the UK. The company reported a substantial quarterly revenue of $68 billion, marking a 73% increase year on year, with data center revenue specifically reaching $62 billion, up by 75%. Looking ahead, Nvidia projected a first-quarter revenue of $78 billion, with a major portion of growth anticipated from data centers.
Furthermore, Huang discussed Nvidia’s strategic partnerships with leading AI companies, including a recent collaboration with Anthropic involving a $10 billion investment in their innovative Claude Cowork agent platform. He highlighted the growing demand for compute power driven by technologies like Claude Cowork and OpenAI’s ChatGPT, signaling a significant advancement in agentic AI capabilities. Nvidia’s ongoing collaboration with OpenAI, particularly in the development of GPT-5.3 Codex, reflects the company’s commitment to advancing AI technologies.
Regarding business in China, Nvidia’s CFO Colette Kress mentioned that while some product approvals were granted by the US government, no revenue has been generated yet from China-based customers. Kress clarified that the company’s revenue outlook does not include any assumptions about Data Centre compute revenue from China, pending further developments.
