Nvidia Projects 70% Revenue Growth for Fiscal 2028

Nvidia reported strong fiscal Q2 2027 results, yet its stock initially dipped 3% in after-hours trading. CFO Colette Kress subsequently provided a rare forward-looking guidance, projecting a 70% revenue increase for fiscal 2028, significantly outpacing the 44% growth previously estimated by analysts. While customer demand is expected to double, supply chain constraints limit the growth forecast to 70%. CEO Jensen Huang confirmed this is the company's first time issuing guidance a year in advance, noting that performance could be even higher without current