While some analysts are anxious over rising competition for Nvidia, CEO Jensen Huang says that he has found a ‘brand new’ $200 billion market
Nvidia posted a record-breaking $81.6 billion in quarterly revenue and forecasted an even higher $91 billion for the upcoming quarter. Following the blockbuster results, Nvidia CEO Jensen Huang outlined a massive strategy shift during the earnings call, projecting a brand-new $200 billion total addressable market (TAM) driven by the company’s new “Vera” CPU. The announcement…