"The capex is at a trillion dollars, and it's growing toward the three to four [trillion-dollar mark]," said Nvidia CEO Jensen Huang.

Nvidia CEO Jensen Huang projects at least $1 trillion in cumulative AI chip revenue by 2027, nearly tripling Wall Street's current estimates for the company.

The next big thing for Nvidia will be CPUs for AI agents, $200 billion worth, CEO Jensen Huang predicts.