Daiwa Capital Markets analyst Louis Miscioscia expects more clarity at Nvidia’s upcoming GTC event in Paris on June 11, where the company is likely to share updates on its AI chip roadmap.
The three-year project is expected to generate $102.7 million in revenue by 2035, and aims to yield 50 products, 15 patents, and over $45.6 million in additional investment.
Huang credited former Nintendo CEO Satoru Iwata for the vision behind the hybrid system, calling the Switch 2 a “new chapter worthy of Iwata Son’s vision.”
Chief executive C.C. Wei also reiterated that the additional $100 billion in investment announced in March alongside President Donald Trump will be challenging to deliver on schedule.
The system slated to launch in 2026 will be built using Dell’s advanced liquid-cooled server architecture and Nvidia’s newly announced Vera Rubin platform.
The senators have called on Nvidia to provide a comprehensive timeline and explanation of the project, including details of any planned research and engineering activities at the site.
Morgan Stanley said Nvidia is “putting digestion fears fully to rest” with accelerating growth beyond China headwinds, adding that the bear case is fading and “everything should get better from here.”
According to the Finchat-compiled consensus, Nvidia is expected to report adjusted earnings per share of $0.75 and revenue of $43.25 billion for the first quarter of the fiscal year 2026.
Sacks' remarks came shortly after Dutch Foreign Affairs Minister Caspar Veldkamp disclosed that China had renewed its appeals for the Netherlands to relax export controls on semiconductor technology.
AMD and Nvidia are in a heated AI arms race, making ETFs with high exposure to the chip wars a good bet. AMD launched new gaming chips, while Nvidia signed a historic deal with Saudi Arabia.
Citi noted that the move could help AMD reduce time-to-market for its data center chips and build more complete system solutions, an area where Nvidia already holds an edge with its tightly integrated GPU and system offerings.
According to a report by Reuters, no formal decision has been made yet, but Intel has been approaching investment bankers to select an adviser for the sales process.
