CNBC June 25, 2025
Key Points
– Nvidia CEO Jensen Huang said that robotics was one of the two largest growth opportunities for the AI chipmaker.
– In May, Nvidia said its robotics unit had $567 million in quarterly sales, or about 1% of the company’s total revenue.
– “We stopped thinking of ourselves as a chip company long ago,” Huang said, at Nvidia’s annual shareholders meeting.
Nvidia CEO Jensen Huang said that, other than artificial intelligence, robotics represents the chipmaker’s biggest market for potential growth, and that self-driving cars would be the first major commercial application for the technology.
“We have many growth opportunities across our company, with AI and robotics the two largest, representing a multitrillion-dollar growth opportunity,” Huang said on Wednesday,...
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