SaralnamaOn 27 Aug 2025, Nvidia CEO Jensen Huang said the AI chip market will grow into a $3-4 trillion industry by 2030. He dismissed worries about slowing demand after Nvidia forecasted lower third-quarter sales, which caused its shares to fall 1.56%. The forecast did not include sales from China due to ongoing trade tensions. Huang highlighted strong demand from major tech firms and data centers, with Nvidia's advanced AI chips largely sold out through 2026. Despite some concerns about investor enthusiasm cooling, Huang remains confident that AI spending will continue to rise rapidly. Nvidia’s Q2 2025 revenue was $46.74 billion, mostly from AI chips. The company is also developing new chips for the Chinese market amid export restrictions. Nvidia’s CEO called the current period the early stage of an AI-driven industrial revolution. (Updated 28 Aug 2025, 18:20 IST; source: link)