Nvidia CEO Hwang In-hoon expects the company's chip sales to double in the next year as the spread of artificial intelligence accelerates in different industries. While attending an event convened by King Charles III of England on Thursday, Wong In-hoon told reporters that AI can bring great benefits to many industries. Nvidia is the largest supplier of AI accelerators, and these types of chips are used to develop and run artificial intelligence models. Despite growing market concerns about AI, Hwang In-hoon remains optimistic. He said businesses need to take responsibility and ensure the security of AI software and services before releasing them. Last month, Nvidia predicted a 70% increase in revenue for the next fiscal year. The company said at the time that if supply is sufficient to meet surging demand, revenue could double.

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