Nvidia CEO Jensen Huang laid out his reasoning for expecting the company to grow an estimated 70% in the coming year, according to TechCrunch AI. Huang framed Nvidia as broadly involved across the industry and anticipated another strong year ahead.

He also addressed criticism about the structure of the company’s deals, insisting they are not circular.

Why it matters

Growth projections from Nvidia’s leadership carry weight given the company’s central position in AI hardware. Huang’s direct rebuttal of the “circular deals” framing signals awareness of scrutiny around how the company’s business arrangements are perceived.

Who should care

Investors, industry analysts, and enterprises tracking the AI hardware market may find Huang’s outlook and his response to the circularity criticism relevant to their assessments.