Nvidia has issued its first full-year revenue outlook in company history, projecting about $673 billion in revenue for fiscal 2028, up 70% year over year. At that scale, the company’s revenue would surpass Apple and Alphabet, trailing only Amazon, according to the Techub News item citing CryptoBriefing. The company also reported second-quarter revenue of $96.2 billion, a 106% increase from a year earlier. Its data center segment contributed $89 billion, up 117% on the same basis. CEO Jensen Huang said supply constraints tied to high-bandwidth memory, or HBM, required for next-generation AI chips could mean real customer demand exceeds the expected growth rate. He added that supply chain partners need a longer planning cycle. The figures point to continued strength in Nvidia’s AI-related business while also highlighting bottlenecks in memory supply for upcoming products.
Nvidia has released what Techub News described as the company’s first full-year revenue guidance, forecasting roughly $673 billion in revenue for fiscal 2028, up 70% year over year. At that level, its revenue would exceed Apple and Alphabet, with only Amazon ahead.
The company reported second-quarter revenue of $96.2 billion, up 106% from a year earlier. Of that total, the data center business contributed $89 billion, a 117% year-over-year increase.
Jensen Huang said supply of high-bandwidth memory needed for next-generation AI chips remains constrained. As a result, actual customer demand could outpace the expected growth rate, and supply chain partners need a longer planning cycle.
The item cited CryptoBriefing as the source.
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