Nvidia projects 70% revenue growth in 2028
Nvidia projected 70% revenue growth in its next fiscal year, sending its stock up in after-hours trading, while the company defended its decision to provide capital solutions to its customers. Why it matters: The stock is widely considered a bellwether for the health of the broader AI economy, but lately it has been trailing the broader semiconductor sector in market gains. Zoom in: In its latest quarter, Nvidia topped revenue and earnings expectations. The stock initially ticked downward in…
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Filed under Business · International · News. Topics extracted from this report, with other live CurrentWire stories mentioning each: Artificial Intelligence (50).
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