Nvidia’s projected 70% revenue growth for fiscal 2028 surpasses Wall Street expectations, positioning it near Amazon in market dominance.
Nvidia (NVDA) guided fiscal 2028 revenue growth at 70%, far exceeding analyst forecasts. The company’s outlook reflects robust demand for AI infrastructure and strategic investments securing its leadership in the sector.
Analysts had anticipated strong growth but not at this magnitude. The guidance positions Nvidia’s revenue above Apple (AAPL) and Alphabet (GOOGL), trailing only Amazon (AMZN) among major tech firms. Supply constraints and aggressive capital returns further bolster confidence.
The company’s 13x estimated EPS valuation and market share potential are seen as key drivers, offering a compelling risk/reward ratio for investors.