Nvidia CEO Jensen Huang said the company could achieve 70% year-over-year revenue growth next year, repeating guidance first given when Nvidia reported another record quarter last month. Analysts estimate Nvidia will finish its current fiscal year with about $400 billion in revenue, implying roughly $680 billion next year if the forecast is met. Huang pointed to 27% month-to-month sales growth for a system combining 36 Grace CPUs with 72 Blackwell GPUs and said Nvidia’s involvement across AI models, suppliers, data centers and startups gives it unusual visibility into demand. He dismissed concerns over so-called circular deals, saying Nvidia invests only after companies have customer contracts and citing $100 billion worth of such contracts. Competition is increasing from hyperscalers, AI labs, Cerebras and startups including Etched, while future industry growth may depend on more efficient infrastructure and token use.