Nvidia CEO Jensen Huang expects the company to sell twice as many chips next year as this year, a strong sign for Nvidia investors and the wider AI trade.

• Huang made the call ahead of a summit with King Charles III in Scotland, citing heavy global demand for AI investment.
• Nearly every country Nvidia works in has buyers wanting to pour money into AI, he said.
• The company has already told investors it expects revenue to grow 70% by early 2028, and this forecast pushes growth expectations even higher.
• Nvidia does not publish total chip shipments, so the "double" claim can't be checked against public data or broken down by product line.
• The core business is data center GPUs like Blackwell and Rubin, but Nvidia also makes CPUs, networking chips, laptop chips, robot and car chips, and the chip inside the Nintendo Switch 2.

Outlook: AI spending shows no sign of slowing, and analysts are likely to raise Nvidia growth targets further on the back of Huang's forecast.