NVIDIA (NVDA) expects its revenue to grow 70% in FY28
NVIDIA expects its revenue to grow by approximately 70 percent in fiscal year 2028, driven by the expansion of its AI compute capabilities. CFO Colette Kress shared the forecast, with CEO Jensen Huang suggesting the company could exceed this target if not for supply constraints, particularly in memory components. NVIDIA's Q2 FY27 revenue reached $96.2 billion, and the company is confident in its ability to meet future growth targets.
- Entities
- Topic: Artificial Intelligence
- Person: Colette Kress
- Person: Jensen Huang
- Topic: Supply Chain
- Topic: Revenue Growth
- Company: NVIDIA
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