NVIDIA projects fiscal 2028 revenue growth of approximately 70% while resetting gross margin outlook to 72%-73%.
NVIDIA expects fiscal 2028 revenue growth of about 70%, signaling strong demand for its AI and data center products. The company also adjusted its gross margin outlook to 72%-73%, down from prior expectations, citing product mix shifts and investment priorities.
In Q2 fiscal 2027, NVIDIA reported record revenue of $96 billion, more than doubling year-over-year. Growth accelerated for the fourth consecutive quarter, driven by surging demand in AI infrastructure and gaming segments.
The revised margin guidance reflects strategic investments in next-generation technologies, though analysts note the trade-off may pressure near-term profitability.