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Nvidia forecasts 70% fiscal 2028 revenue growth
Nvidia issued its first-ever year-ahead forecast, projecting 70% revenue growth for fiscal 2028, implying $690-$700 billion. Shares jumped nearly 9%, adding $440 billion in market cap. CEO Jensen Huang said demand exceeds 70%, but supply constraints limit growth. Q2 revenue hit $96.2 billion, up 106%.
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