The Economic Times

Nvidias 70% sales growth forecast sends a message to AI doubters. What did CEO Jensen Huang say?

Nvidia has forecast a 70% jump in revenue for fiscal 2028, signalling that strong AI computing demand remains intact despite memory supply constraints. The upbeat outlook, which is well above Wall Streets 44% growth estimate, highlights broadening demand from hyperscalers, AI labs, startups and enterprises. Nvidias quarterly revenue also more than doubled, reinforcing investor confidence in the AI spending boom.