Nvidia Projects $1 Trillion in GPU Sales by 2027 at Its Developer Conference
Nvidia (NASDAQ: NVDA) announced at its recent annual GPU technology conference that it expects cumulative orders for its Blackwell and Vera Rubin GPUs to reach $1 trillion by the end of 2027, up from a prior estimate of $500 billion. This ambitious forecast highlights Nvidia’s dominant position in the GPU market, driven by increasing demand for AI computing chips.
Currently, Nvidia’s stock trades at 21.5 times forward earnings and 36.4 times trailing earnings. In contrast, the S&P 500 trades at 24.1 times trailing earnings, suggesting Nvidia could be undervalued despite Wall Street projections indicating a revenue growth of 71% this year, reaching $369 billion.
