Newsig · CNBC

Jensen Huang says Nvidia will sell twice as many chips next year

Huang's comment is the latest forecast from Nvidia and points to continuing massive growth for the next six quarters.

Why it matters

NVDA (NVIDIA) · Why linked: Jensen Huang's direct forecast that Nvidia will double chip sales next year is a major catalyst for the stock Market context: bullish — CEO doubling sales forecast signals continued massive AI chip demand growth

AMD (Advanced Micro Devices) · Why linked: AMD is a direct competitor benefiting from the same AI chip demand environment Market context: bullish — Nvidia's bullish outlook reflects strong overall AI chip demand

TSM (TSMC) · Why linked: TSMC manufactures Nvidia's chips and benefits from doubled Nvidia chip volumes Market context: bullish — Nvidia doubling chip sales implies significant additional foundry demand

SMCI (Super Micro Computer) · Why linked: AI server builder closely tied to Nvidia chip deployment volume Market context: bullish — more Nvidia chips sold means more AI servers to be built

How NVDA, AMD usually react

This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.

AssetEventsAvg max moveClosed lower
NVDA14+1.86%36%
AMD6+1.94%33%

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