Nvidia Forecasts 70% Revenue Rise on Exclusive SpaceX Deal
Nvidia forecasts a 70% revenue increase for the fiscal year ending January 2028, attributing progress in part to its exclusive SpaceX deal for computing processors. The company said supply is expected to remain a bottleneck through at least fiscal 2028. Nvidia also reported $96.2 billion in Q2 earnings, easing concerns that AI demand was slowing.