AIReuters2h ago
Nvidia forecasts Q3 revenue of $108B, above a $104B estimate
Nvidia forecasts Q3 revenue of $108B, above a $104B estimate, and expects FY 2028 revenue to grow by about 70%; NVDA jumps 4%+ after hours
TL;DRNvidia beat Q3 revenue expectations and projects 70% growth through 2028 on strong AI chip demand.
Why it matters: Sustained GPU demand validates the AI infrastructure boom; signals continued dominance in a high-margin market.
Nvidia's (NVDA.O) quarterly revenue more than doubled and the chipmaker forecast third-quarter revenue above Wall Street estimates on Wednesday, signaling persistent demand for its AI chips.
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