NVIDIA EXPECTS 70 % FISCAL 2028 REVENUE GROWTH AS SUPPLY LIMITS PERSIST

What happened: NVIDIA is forecasting about 70% revenue growth for fiscal 2028, and CFO Colette M. Kress said supply is expected to remain a bottleneck through at least that year. Key numbers: Q2 fiscal 2027 revenue was $96.221 billion, up 106% year over year. Data Center revenue was $89 billion, up 117%. Why it matters: Kress said customer projections point to growth doubling next year, and the outlook reflects both growth expectations and limits in supply availability and input costs. Memory scarcity and higher prices are weighing on gross margins.

NVIDIA is forecasting about 70% revenue growth for fiscal 2028, and CFO Colette M. Kress said supply is expected to remain a bottleneck through at least that year.

Kress said customer projections point to growth doubling next year, and the outlook reflects both growth expectations and limits in supply availability and input costs. Memory scarcity and higher prices are weighing on gross margins.