Nvidia CEO Jensen Huang announced on Thursday that the company expects to sell twice as many chips in 2027 as it does in 2026, citing widespread demand for AI-related semiconductors across industries and economies. Huang made the forecast during a summit with King Charles III in Scotland, where he also addressed AI safety concerns.
Huang opposes regulating AI like social media, arguing against new laws to govern the technology’s development during the same event. His remarks contrasted with calls from other AI leaders, including representatives from Google DeepMind, OpenAI, and Anthropic, who have emphasized the need for safeguards.
Nvidia, which does not disclose total chip sales figures, highlighted its diverse semiconductor portfolio beyond its well-known GPUs, including CPUs, switch chips, optical networking components, and specialized chips for robots, cars, and gaming consoles. Last fall, Huang reported that Nvidia had shipped 6 million Blackwell GPUs in the prior four quarters.
Huang also reiterated his stance on AI safety, stating that unsafe AI products should be withheld from the market until further engineering improvements are made. The public discourse on AI risks has intensified in recent weeks, with some researchers warning that advanced AI systems may be beyond human control.
The summit in the UK focused on AI safety, with Huang joining other industry leaders to discuss potential risks and regulatory approaches. While Huang advocated for caution in deployment, he cautioned against imposing regulations akin to those applied to social media platforms, which he argued could stifle innovation.