During Nvidia's GTC Conference on March 16, 2026, CEO Jensen Huang projected that purchase orders for the company's upcoming chip technologies, Blackwell and Vera Rubin, will reach $1 trillion by 2027. This figure marks a significant increase from last year's $500 billion estimate. Huang attributed the forecast to heightened demand from both startups and established corporations, contributing to a 2% rise in Nvidia's stock price on the day of the conference.
Huang highlighted that Nvidia's graphics processing units (GPUs) have established the company as a leading name in artificial intelligence (AI), with a current valuation of approximately $4.5 trillion. The anticipated rollout of the Vera Rubin system later this year is expected to deliver ten times the performance per watt compared to its predecessor, Grace Blackwell, addressing critical energy consumption concerns in AI development.
In addition to the Vera Rubin announcement, Huang introduced the Nvidia Groq 3 Language Processing Unit (LPU), part of a $20 billion acquisition of the Groq startup. This new chip aims to enhance Nvidia's technology by optimizing performance for GPU applications. Huang demonstrated a Groq LPX rack containing 256 LPUs, designed to work alongside the Vera Rubin system.
The keynote also addressed the emerging AI phenomenon OpenClaw, developed by Peter Steinberger, which has gained traction for its autonomous capabilities. Huang unveiled a new developer toolkit named NemoClaw to facilitate experimentation in AI using Nvidia hardware.
In automotive advancements, Huang detailed partnerships with several automotive manufacturers, including Uber and Nissan, focusing on the deployment of level 4 autonomous vehicles powered by Nvidia's Drive AV software, set to launch in multiple cities by 2028.