News Score: Score the News, Sort the News, Rewrite the Headlines

Nvidia projects $673 billion in sales as AI demand widens

Nvidia forecasts 70% fiscal 2028 growth, implying $673 billion in sales as demand expands beyond hyperscalers despite supply constraints.Nvidia is projecting 70% revenue growth in fiscal 2028, which would put annual sales at roughly $673 billion if the current Wall Street consensus for fiscal 2027 holds. That would move the chipmaker ahead of Apple and Alphabet by revenue, leaving only Amazon among US tech companies with higher projected sales.CFO Colette Kress delivered the forecast on August 2...

Read more at forgeeks.net

© News Score  score the news, sort the news, rewrite the headlines