India, March 17 -- In a moment that may come to define the next phase of the artificial intelligence revolution, Nvidia's chief executive Jensen Huang stood before a packed audience at the company's annual developer conference and made a declaration that stunned even seasoned investors: demand for its next-generation AI chips could reach $1 trillion in the coming years.

The figure, tied to Nvidia's Blackwell and upcoming Vera Rubin architectures, is more than a financial projection. It is a signal, perhaps the clearest yet, that the global economy is entering a new era where computing power, not oil or labor, determines geopolitical and corporate dominance.

According to Reuters reporting on $1 trillion in AI chips demand, Nvidia has sh...