Nvidia revenue beats expectations; forecasts 70% growth for fiscal 2028

rickasaurus · x · 2026-08-27

Nvidia reported Q4 revenue of $96.22B, beating estimates, with Data Center revenue rising to $89.0B. The company guided for approximately 70% revenue growth in fiscal 2028, attributing the outlook to supply constraints rather than demand limits. Nvidia also noted that cloud industry backlog exceeds $2 trillion, with CapEx from the top five hyperscalers expected to reach $1.3 trillion in 2027.

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