Nvidia Forecasts $673B in Sales as AI Demand Broadens

AI summary

Nvidia said it expects 70% revenue growth in fiscal 2028, which would imply about $673 billion in annual sales if current fiscal 2027 consensus holds. The company said demand for AI infrastructure is expanding beyond hyperscalers to regional AI firms, startups, enterprises, and other buyers, while supply constraints in components such as memory are limiting near-term output.