AMZN
NVDA
The AI rocket ship is still pointed up
Nvidia is basically telling investors, “You thought the AI boom was impressive? Hold my silicon.” The company is guiding for 70% year-over-year revenue growth in fiscal 2028, which is miles ahead of the 44% Wall Street was penciling in.
That’s not just a beat. That’s a full-on faceplant for the skeptics.
Why the market cares
If you own Nvidia, the question isn’t whether demand exists — it’s whether the company can keep feeding the beast. The answer, at least for now, looks like a loud yes.
A big reason: Amazon reportedly agreed to buy 2 million Nvidia GPUs. In other words, one of the biggest cloud spenders on the planet is still lining up at Nvidia’s checkout counter with a cart full of chips.
The catch? It’s still a forecast
Before you start pricing in perpetual moon landings, remember: guidance is a promise, not a receipt. Nvidia’s growth story still depends on things like:
- Vera Rubin ramping smoothly
- hyperscaler spending staying frothy
- AI demand not suddenly deciding to take a nap
So yes, the setup is bullish. But it also means the bar is now absurdly high. If Nvidia misses, the stock won’t get the usual “minor wobble” treatment — it’ll get the full drama package.
Big picture: Nvidia is still the center of the AI universe, and this forecast says the planet doesn’t seem ready to orbit anything else yet.