Goldman Sachs Projects 70% Revenue Growth for Nvidia in Fiscal 2028

Goldman Sachs analyst Jim Schneider stated that Nvidia's latest quarterly results exceeded market expectations, leading to a 4% rise in after-hours trading. With Nvidia projecting approximately 70% revenue growth for fiscal 2028, the company continues to signal robust demand for AI infrastructure. Investors are now shifting their focus toward the sustainability of the AI computing investment cycle and the company's long-term growth trajectory.