---
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id: "838d75fb39cfc45e76a254fd34c1e340b9f60064621c9f5e4ee8e5f56033dbe1"
canonical_url: "https://aidr.today/838d75fb?lang=en"
title: "Nvidia Projects 70% Revenue Growth in Fiscal 2028, Topping Analyst 45% Forecast"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
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published_at: "2026-08-27T05:55:43.000Z"
category: "Chips"
topics: ["nvidia","chips","infra"]
source_urls: ["https://huggingnews.com/earnings/nvidia-projects-70percent-revenue-growth-in-fiscal-2028-topping-analyst-85ddbe4f","https://x.com/Reuters/status/2092772834414387666","https://x.com/Techmeme/status/2092749314661736658","https://x.com/kimmonismus/status/2092737142787084468","https://x.com/WuBlockchain/status/2092730354209788307","https://x.com/FirstSquawk/status/2092773242318843981","https://x.com/staunovo/status/2092820862810341388","https://x.com/tradfi/status/2092725315563106340"]
summary: "Nvidia reported second quarter revenue of $96.2 billion, a 106% increase from a year earlier, driven by a $89 billion contribution from its data center business. The chipmaker projected revenue of $108 billion for the third quarter, surpassing the $104 billion estimate, while excluding data center compute revenue from China. GAAP net income reached $59.7 billion, up 126% year over year. Chief Financial Officer Colette Kress said revenue should grow approximately 70% in fiscal 2028, though supply constraints limit growth that customer forecasts suggest could double. Nvidia increased its future supply and capacity commitments to $279 billion from $119 billion in the previous quarter to address memory procurement. Shares rose more than 4% in extended trading as the company rebutted criticism of its customer financing arrangements."
---

# Nvidia Projects 70% Revenue Growth in Fiscal 2028, Topping Analyst 45% Forecast

> [Open the canonical story](<https://aidr.today/838d75fb?lang=en>)

**Published:** 2026-08-27T05:55:43.000Z
**Category:** Chips
**Topics:** nvidia, chips, infra

## Summary

Nvidia reported second quarter revenue of $96\.2 billion, a 106% increase from a year earlier, driven by a $89 billion contribution from its data center business\. The chipmaker projected revenue of $108 billion for the third quarter, surpassing the $104 billion estimate, while excluding data center compute revenue from China\. GAAP net income reached $59\.7 billion, up 126% year over year\. Chief Financial Officer Colette Kress said revenue should grow approximately 70% in fiscal 2028, though supply constraints limit growth that customer forecasts suggest could double\. Nvidia increased its future supply and capacity commitments to $279 billion from $119 billion in the previous quarter to address memory procurement\. Shares rose more than 4% in extended trading as the company rebutted criticism of its customer financing arrangements\.

## Sources

- [Story source](<https://huggingnews.com/earnings/nvidia-projects-70percent-revenue-growth-in-fiscal-2028-topping-analyst-85ddbe4f>)
- [Story source](<https://x.com/Reuters/status/2092772834414387666>)
- [Supporting source](<https://x.com/Techmeme/status/2092749314661736658>)
- [Supporting source](<https://x.com/kimmonismus/status/2092737142787084468>)
- [Supporting source](<https://x.com/WuBlockchain/status/2092730354209788307>)
- [Supporting source](<https://x.com/FirstSquawk/status/2092773242318843981>)
- [Supporting source](<https://x.com/staunovo/status/2092820862810341388>)
- [Story source](<https://x.com/tradfi/status/2092725315563106340>)