It's already the world's most valuable company; now it could crack the top 10 of the Fortune 500.

"This is how much business is on the books. Half a trillion dollars worth so far," Huang said at the company's GTC conference in Washington last month.

As OpenAI and Big Tech powerhouses buy more and more Nvidia chips, annual revenue has gone from $27 billion in 2022 to a projected $208 billion this year.

The positive earnings report comes a month after Nvidia CEO Jensen Huang said the company had $500 billion in orders for its AI chips.

Strong revenue and “off-the-charts” GPU demand show Nvidia’s AI engine still roaring as CEO Jensen Huang delivers a beat-and-raise quarter

It's already the world's most valuable company; now it could crack the top 10 of the Fortune 500.

Tech giant Nvidia posted record revenue and strong profit for the third quarter, beating Wall Street expectations, amid exploding growth in artificial intelligence