Nvidia projects $1 trillion revenue by end of 2027

What happened

Nvidia CEO Jensen Huang disclosed that the company has "high confidence visibility" of $1 trillion（約160兆円） or more in combined revenue from its Blackwell and Rubin chip families through the end of 2027. The company generated record revenue of $81.6 billion（約13兆円） in its fiscal 2027 first quarter, up 85% year over year, and would need roughly 12% sequential growth each quarter over the next seven quarters to reach the $1 trillion（約160兆円） target.

Why it matters

Nvidia controls between 85% and 92% of the data center GPU market, and data center spending is expected to reach $7 trillion（約1100兆円） by 2030 according to McKinsey & Company. The company's full-stack approach—combining processors with software and accessories—has kept competitors at bay. If Nvidia achieves the $1 trillion（約160兆円） revenue forecast and its price-to-sales ratio remains at its current 20, the stock could jump 138% to $506 per share, pushing the company's market cap to roughly $12.3 trillion（約2000兆円）.

What to watch

Nvidia is moving its GPU generation cadence to a rapid 12–18 month cycle compared to custom silicon competitors, which typically operate on a 3–5 year cycle. Rivals are working to capture market share through alternative GPUs and custom chips, though Nvidia's lead remains substantial. Any shifts in valuation multiples or competitive dynamics could significantly alter the stock price trajectory.