[Spinnaker_]

It's close to 90% of their revenue. They will sell about $115B this year, $180B in 2026 and $230B in 2027, with margins staying fairly constant. Their only real competitor is Broadcom, who has slightly worse margin on AI chips.

[Jlagreen]

Nvidia had $130b revenue last year, this year (2025) it will breach $200b with >90% of it being AI related.

Estimates for next year are $300b. Sources are rumors about the supply of Blackwell and Rubin GPUs for 2025 and 2026 with estimated ASPs.

Nvidia is selling everything they produce so insiders at supply chains can easily tell how much revenue Nvidia will roughly make.

[nativeit]

So my broader argument is that their current performance isn’t a reliable indicator for the future, as so much of their current position is circumstantial. Any investments that rely on their sustaining this sort of performance are inherently flawed as a result.