AIFortuneabout 2 hours ago
Nvidia issues first year-ahead forecast: 70% growth
7 min read
Nvidia projected 70% revenue growth for fiscal 2028, implying $690 billion to $700 billion, far above analyst estimates of $570 billion. CEO Jensen Huang cited 100% demand growth for AI chips, with supply constraints limiting faster expansion. The forecast followed Q2 revenue of $96.2 billion, up 106%.
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