Nvidia projects 70% revenue growth in 2028

AxiosAugust 26, 2026en

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 extended trading following the report — as investors maintained high expectations for the AI darling — but it jumped after Colette Kress , the chief financial officer, delivered the revenue projection o

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