Nvidia forecasts 70% revenue growth for fiscal 2028
Nvidia guided to ~70% revenue growth in fiscal 2028, beating the Street's 45% expectation, with Q2 revenue of $96B (+106%) and ~$60B net income. The outlook eased concerns about an AI spending slowdown, lifting shares ~6-8%.
Featured · Jensen Huang
How this story unfolded
2 days · 12 reports · 2 community posts · from Aug 26
- Aug 26
- Aug 27
Nvidia Predicts AI-Fueled Surge Will Extend Into 2028bloomberg.com
Nvidia jumps 6% in premarket trading after blockbuster earnings boost AI confidencecnbc.com
Jensen Huang says Nvidia achieved AGI, again — not that it matterstheverge.com
- Aug 28
Daily brief
Get tomorrow's AI brief in your inbox
More stories today
- OpenAI launches Thailand AI startup accelerator with MHESI
- Engineers increasingly say 'I don't know, Claude wrote this'
- Open source caught up because it's open
- Tencent releases AI model it claims outperforms Z.AI, Moonshot
- OpenAI hires Meta executive to lead Southeast Asia, Australia