28 August 2026
Nvidia projects 70% revenue growth to $700 billion
First reported
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- Nvidia forecasted revenue growth of roughly 70% for its fiscal year 2028, reaching approximately $700 billion.
- The projection substantially exceeds analyst expectations, which fell short by around $125 billion.
- The guidance reflects continued demand for Nvidia's chips used in AI systems and data centers.
How it was covered
TLDR AITLDR editorial team
Nvidia guided for approximately 70% revenue growth in FY 2028, translating to approaching $700 billion in revenue next year, significantly exceeding analyst estimates which were short by around $125 billion.