Nvidia Raises Fiscal 2028 Revenue Outlook to Beat Street Estimates
Nvidia said Wall Street estimates lagged its own visibility and guided an out-year view aimed at avoiding supply-chain planning issues. After fiscal Q2 results, it forecast 70% revenue growth for fiscal 2028, though memory chip shortages could limit it to less than 100%+. It also projected fiscal Q3 revenue of $105.8B to $110.1B, with Data Center sales at $89B.