Back to News
Market Impact: 0.45
Nvidia's 70% growth forecast puts it on track to become tech's No. 2 company by revenue
Source: cnbc.com
Artificial IntelligenceCorporate EarningsCorporate Guidance & OutlookAnalyst EstimatesTechnology & Innovation
Nvidia boosted its fiscal 2028 growth forecast by projecting 70% growth, well above Wall Street expectations for the period ending Feb. 1, 2028. The upside came during its Q2 earnings report for fiscal 2027, signaling a notably stronger AI demand trajectory than the market had priced in.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
strongly positive
Sentiment Score
0.65
Ticker Sentiment
NVDA0.80
More News
- Nvidia GPUs are everywhere. Here are the ways companies are accessing them
- As companies pour billions into Earth-based AI infrastructure, Google is taking the data center race off-planet
- Wall Street is pitching data centers as a major real estate bet. The risks are piling up
- AI predicts Palantir stock price for end of Q4 2026
- Nvidia-Backed Lumentum Says It Can't Keep Up With AI Demand. The Stock Is Surging
- From H-1B to CEO: How Satya Nadella traveled the path the U.S. just cut off for Microsoft workers